32 Mill Road
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $599,900 | |
| Listed | |||
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Open Houses Friday 5/16 4:30 -6:00 & Saturday 5/17 11:00-12:30. Why wait for new construction when you can have it all now! This nearly new 2024 split-entry home offers sun-filled, open-concept living with cathedral ceilings, recessed lighting, and hardwood floors throughout the main level. The living room features a cozy gas fireplace and flows into a gourmet kitchen with quartz countertops, stainless steel appliances, a center island, and loaded with cabinet space. Sliders from the dining area lead to a large composite deck—perfect for entertaining. The spacious primary suite includes double closets and a full en suite bath, while two additional bedrooms share a stylish guest bath with laundry. The finished lower level adds a large bonus room and private home office. Central air, concrete patio, and a 2-car garage complete the package. Local amenities include the Quinebaug River Rail Trail, Dudley Hill Golf Club & Nichols College. THIS ONE IS A MUST SEE!
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| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | Listed by Red Post Realty, LLC | $599,900 | |
| Listed by Red Post Realty, LLC | |||
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Discover the epitome of low-maintenance living with this stunning new construction boasting gleaming hardwood floors throughout. With 3 bedrooms and 2 full baths conveniently located upstairs, relaxation and privacy are always within reach. Luxurious features include a kitchen with grey cabinetry, quartz countertops, and an apron sink, complementing the overall living experience which includes a 2-car under garage, versatile living space, and ceramic tiles throughout. Enjoy the charm of the town with a tranquil beach on Merino Pond just moments away, ideal for lazy weekends. For nature enthusiasts, scenic walking trails offer a refreshing escape. Nearby amenities like a golf course and Nichols College provide leisure and educational opportunities, while the excellent school system ensures quality education for children. Easy access to major highways simplifies commuting and exploration. Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017