47 Mill Street #47
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 23, 2015 | Sold | ||
| Sold | |||
| Jul 7, 2015 | Listed by Partners Realty Group | $119,900 | |
| Listed by Partners Realty Group | |||
| | |||
|
Adorable in-town detached 3 bedroom condo. Open concept floor plan with brick hearth in living room awaiting your wood or pellet stove. Level private lot with a rear deck and storage shed. Public water and sewer!
| |||
| Feb 11, 2015 | Sold | ||
| Sold | |||
| Sep 29, 2014 | Listed by RE/MAX Shoreline | $58,500 | |
| Listed by RE/MAX Shoreline | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/07/2015
|
3 Bed
|
1 Bath
|
870 ft²
|
$119,900
3 Bed
1 Bath
870 ft²
|
$112,000
-6.59%
09/23/2015
|
Paul OBrien
Partners Realty Group
| |
|
09/29/2014
|
3 Bed
|
1 Bath
|
870 ft²
|
$58,500
3 Bed
1 Bath
870 ft²
|
$48,000
-17.95%
02/11/2015
|
Paul Mausteller
RE/MAX Shoreline
| |
|
03/27/2006
| |
3 Bed
|
1 Bath
|
1000 ft²
|
$199,999
3 Bed
1 Bath
1000 ft²
|
$199,900
-0.05%
04/28/2006
|
Mary Helen Corcoran
Carey & Giampa REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017