383 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 |
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| Sep 18, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Mega Realty | $525,000 | |
| Listed by Mega Realty | |||
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Introducing 383 Mill Rd, where custom design meets luxurious country farmhouse living. With 3 bedrooms, 2 bathrooms, and an expansive 2500 sq ft metal building complemented by 2 lean to's making it 50X50 overall. Nestled on a 2.38 acres, this home stands as a testament to refined country living. Find your own personal water feature at the back of the property perfect for fishing in your own backyard. Concrete space surrounding the home provides ample room for parking and sets this home apart. As you step inside, the lofty ceilings immediately draw your attention with tons of natural light and a floor to ceiling stone fire place to set the mood.The open-concept layout amplifies the sense of space and facilitates seamless flow, setting the stage for effortless gatherings and memorable entertaining. This home also boasts a 3 car attached garage for additional storage. This home has never flooded and has remained high and dry in all previous flood events.
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| Nov 23, 2020 | Sold | ||
| Sold | |||
| Jul 25, 2020 | Listed by Realty Associates | $415,000 | |
| Listed by Realty Associates | |||
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Stunning ranch home, only 2.5 years old! This 3 Bedroom, 2 full bath home is adorned with stone walls inside and out, crown molding above all windows and doors, waterproof vinyl wood floors with cork underneath throughout the home with carpet in each bedroom. Family room has high ceilings a stone fireplace and is open to the kitchen and gas cooktop on the island. Primary bath includes a large stone walk-in shower and a walk-in closet with a bowl sink. Guest bath has a stone shower and extra deep soaking tub. Utility has stone wall accent with lots of storage. Front and back porches have wood ceilings and stone. Just outside the back door is a covered concrete porch, a white picket fenced yard, and a 30X50 red barn with 2 -10' overhangs making it 50X50. There is 2500 sq ft of driveway past the double garage to the barn with extra parking for guests. Custom built Craftsman home with too many details to list. You must come inside to view all the details and beauty of this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017