48 Millham St
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Hayden Rowe Properties | $549,900 | |
| Listed by Hayden Rowe Properties | |||
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Well maintained expanded ranch in awesome commuter neighborhood that has been lovingly cared for over the last 48 years. This 3 bedroom home features a main level with a huge family room addition off the back with vaulted ceiling & tons of natural light, a large modern eat-in kitchen with maple cabinetry, stainless steel appliances and garbage disposal, a spacious dining room with picture window, 3 bedrooms and a full bathroom. The lower level offers additional space with an expansive rec room as well another private bonus room and a storage/utility area with laundry hookups. Outside provides a large composite deck overlooking a flat and maturely landscaped backyard, and a large storage shed. Other features include central A/C, gas heat & hot water, hardwood floors, insulated windows and vinyl siding. Come see all that this warm and inviting home as to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017