44 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%.
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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.
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 31, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | In contract | - | |
| In contract | |||
| Apr 16, 2024 | Listed by EXP Realty | $1,450,000 | |
| Listed by EXP Realty | |||
| | |||
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Offer deadline - Mon 4/22 by 7pm. This beautifully updated 4-5 bedroom home is ideally located east of route 1 & only 3 miles to Rye beach! The new open concept floor plan offers white custom kitchen cabinets, a 12 x 4 island with navy cabinets, quartz countertops & backsplash, a walk-in custom pantry, new ss appliances; fridge, DW, mini fridge, gas range & microwave. Shiplap installed in the kitchen, 1/2 bath, laundry & pantry. 1st floor hardwood & staircases refinished. The spacious dining rm opens onto the 16 x 24 family rm with new custom built-ins, wood burning fireplace with new soapstone hearth surround & reclaimed wood mantel. French doors lead to a 3 season sunroom with mahogany flooring & access to the rear composite deck & pool. A dedicated office, new 1st floor laundry rm & new half bath round out the main floor. There are 4 generously sized bedrms & full bath with dbl vanity on the 2nd floor as well as an updated primary with new HUGE walk-in closet, an updated bathroom with granite counters, dbl vanities, soaking tub & custom tile shower with glass enclosure. New hardwood floors have been installed throughout the entire 2nd floor. The 3rd floor has been completely reimagined & now offers a 5 bedrm, a cosy sitting rm & 6th bedrm currently being used as a gym. New recessed cans, lighting & plumbing fixtures. New roof 2020, new 80 gal water heater 2022, new HVAC sys 2017, new bluestone walkway, plantings, fire pit & irrigation sys. Generator hookup, & many more!
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| Nov 3, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | Listed by Carey Giampa, LLC/Rye | $1,079,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017