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2926 MILL ISLAND PARKWAY
About This Property
Beyond this remarkable feature, the home offers an exceptional riverfront setting backing directly to the scenic Monocacy River. Situated on a premium walkout lot, the residence combines luxury, privacy, and natural beauty with expansive living spaces, abundant natural light, and breathtaking views.
Enjoy peaceful mornings overlooking the water, spectacular sunset views, and endless opportunities for outdoor recreation, including kayaking from your own backyard. The seamless indoor-outdoor flow creates the perfect setting for both everyday living and entertaining.
With a significant price adjustment, this is an incredible opportunity to own a truly one-of-a-kind riverfront home in Wormans Mill. Luxury, lifestyle, and a hidden surprise await. Schedule your private tour today.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jul 12, 2026 | Price Decreased |
$995,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$1,095,000
↓ $85K
(7.2%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$1,180,000
↓ $40K
(3.3%) | |
| Price Decreased | |||
Property Highlights
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About Wormans Mill
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$2,200 /mo
- 2 Beds
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- 2,432 ft²
$2,400 /mo
- 3 Beds
- 2 Baths
- 2,168 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017