41121 N Mill Drive
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 |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by Keystone Signature Properties | $700,000 | |
| Listed by Keystone Signature Properties | |||
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STUNNING home situated on 2.68 secluded acres! It is a staycation every day at this property with a breathtaking backyard featuring a pool with rock features, a swim-in grotto waterfall, hot tub, and multi color LED lighting! HVAC system replaced 2016, roof replaced 2016, Leaf Guard Lifetime gutters added 8/2020, added whole home generator 6/2020, carport (not pictured) added 2016, exterior of home painted 9/2022, interior painted in main living areas 9/2022, primary bedroom #2, ensuite bathroom, guest bedroom and hall bath painted 3/23, new gas range 7/2022, wall mounted garage door opener added 2016 (for big door). Home has 2 primary bedrooms with en-suite bathrooms! Fully remodeled garage apartment (523 sf) with full bathroom, kitchen and private covered balcony 9/2021! Come take a look, I know you will fall in love!
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About Mill Creek Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017