322 Mill Road
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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 16, 2019 | Sold | ||
| Sold | |||
| Jul 3, 2019 | In contract | - | |
| In contract | |||
| Jun 7, 2019 | Relisted | $315,000 | |
| Relisted | |||
| May 17, 2019 | In contract | - | |
| In contract | |||
| Apr 24, 2019 | Listed by Houlihan Lawrence Inc. | $315,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Don't miss this brand new home as of 2015. The home was built on the original foundation of the local Farm Store of the Valley Poultry Store in Millerton. What history! Stunning hardwood floors through out, Oak beams grace the entire first floor with a lovely kitchen and custom island. The family room with it's open floor plan has a wonderful corner wood burning stove for those snowy winter days. Relax and take in the tranquility, warmth and coziness of this home. Step out to your wonderful deck as you sip your morning coffee and be mesmerized by the views. Distant mountain views can be seen from every room and corner. The attached barn would be perfect for a few hens, goats, lamas, pigs and the list goes on. Ideal for a sustainable garden with tillable soil through out the back yard. Enjoy the Harlem Valley Rail Trail with access at the bottom of your property. Take a ride to the charming town of Millerton only minutes away. Have lunch, breakfast, take a stroll for some ice cream or a little shopping. Don't forget the local movie theater features all the newest releases. Perfect for the entire family. For commuting, the Metro North Railroad at the Amenia station is only 15 minutes away. Truly a very special property within minutes to everything.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017