3 Mill Road #A
About This Property
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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 |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Sep 7, 2020 | Listed by Better Homes and Gardens Real Estate Murphy & Co | $94,500 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/07/2020
|
Loft
|
1 Bath
|
965 ft²
|
$94,500
Loft
1 Bath
965 ft²
|
$100,000
+5.82%
10/30/2020
|
Diana Haskell
Better Homes and Gardens Real Estate Murphy & Co
| |
|
04/28/2015
|
2 Bed
|
1 Bath
|
-
|
$57,500
2 Bed
1 Bath
|
$56,000
-2.61%
07/28/2015
|
Noreen Lynch
Crossroads Realty Inc-WH
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017