314 Mill Hill Road
About This Property
The main Estate consists of 7 Bedrooms 8 bathrooms, Stunning Chefs Kitchen, And A Grand Formal Dining Room, This home a true masterpiece of workmanship. The gorgeous wrap around porch adds so much character and comfort ,The beautiful large balcony on the 2nd floor is ideal for relaxing and enjoying the Stunning Water views of Oyster bay Harbor. The property has a custom built greenhouse which is ideal for growing your own farm to table fruits and vegetables. This home is in close proximity to the local private Beach which is only 2 blocks away. The history of this home has been written up in multiple books and periodicals. A true gem not to be missed AN VERY LOW TAXES !
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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 18, 2026 | Price Increased |
$4,288,888
↑ $300K
(7.5%) | |
| Price Increased | |||
| Jul 19, 2026 | Price Decreased |
$3,988,888
↓ $2M
(33.5%) | |
| Price Decreased | |||
| Jun 28, 2026 | Price Decreased |
$5,999,777
↓ $1M
(14.3%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by Realty Trends Corp | $7,000,000 | |
| Listed by Realty Trends Corp | |||
| Jan 29, 2018 | Sold | ||
| Sold | |||
Property Highlights
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About Mill Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017