3911 Mill Rock Circle
About This Property
Charming Cozy House with 3 beds and 2 baths in the heart of First Colony, Zoned thoughts after schools. There are very few items left from the original built in 1982 since the major updates were in 2014, not only cosmetic fixup. The replacements are including roof, flooring, entire painting, kitchen cabinets and granites, kitchen islands, SS appliances, double paned windows, bathroom vanities with granite countertop and long last Hardie Planks for the exterior. In addition, the rebuilt extensive wooden deck can allow the residents to enjoy the big backyard. The A/C was replaced in 2020. The foundation repairs was done in July, 2021. It is definitely a good find for this popular area. Don't miss it.
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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%.
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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.
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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 26, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by RE/MAX United | $258,800 | |
| Listed by RE/MAX United | |||
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IMMEDIATE INCOME STREAM!!! *** Thoroughly Remodeled and Occupied by Long Term Tenant!!***
Charming Cozy House with 3 beds and 2 baths in the heart of First Colony, Zoned thoughts after schools. There are very few items left from the original built in 1982 since the major updates were in 2014, not only cosmetic fixup. The replacements are including roof, flooring, entire painting, kitchen cabinets and granites, kitchen islands, SS appliances, double paned windows, bathroom vanities with granite countertop and long last Hardie Planks for the exterior. In addition, the rebuilt extensive wooden deck can allow the residents to enjoy the big backyard. The A/C was replaced in 2020. The foundation repairs was done in July, 2021. It is definitely a good find for this popular area. Don't miss it.
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About Chimneystone
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017