393 Milton 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 |
|---|---|---|---|
| Oct 12, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 15, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $1,295,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Walking vibes coming your way at 393 Milton Road! This crisp clean updated, light and airy home is move-in ready! Quick walk to town, beach, boardwalk and all three level schools offers easy living. Boasts a high end kitchen with stainless steel appliances with easy access to back deck for grilling year round. Open floor plan. Sun filled open layout with tons of natural light. First level space can be used as family room/ office -study/ guest bedroom/ play space which boats sliding french doors to back yard. Large back yard is private and fenced in. Easy walk to beach and schools! First floor full bath offers convenience for overflow, guests etc. Add'l space in one car garage for bikes and storage. New in 2021- built-in banquette, millwork, roof, mechanicals. New in 2022- driveway with belgium block accents. New in 2023- first level full bath. Just unpack your toothbrush and move right in! Must see!
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| Sep 12, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 20, 2023 | In contract | - | |
| In contract | |||
| Jun 22, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $1,295,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017