64
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46 Millbrook Drive
About This Property
The spacious primary suite offers double closets and a private ensuite bath, while the dedicated interior laundry room with an included washer and dryer adds everyday convenience. Enjoy your morning coffee in the three-season room or entertain on the spacious patio overlooking the peaceful common area. Ideally located just a short walk to the clubhouse, pool, and community amenities, with convenient access to the Garden State Parkway, shopping, dining, medical facilities, and the beautiful Jersey Shore beaches. Enjoy easy living in Westerly!
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by RE/MAX Revolution | $369,000 | |
| Listed by RE/MAX Revolution | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017