481 Mill 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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Listed by Seaport Realty | $650,000 | |
| Listed by Seaport Realty | |||
| | |||
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Possibilities are endless at this dream home in Marion! This 4 bed, 2 bath home offers 2128 sq ft of comfortable living space. Inside you will discover a thoughtfully designed layout with distinct living areas, perfect for both relaxation and entertaining. The home has been freshly painted and has new carpeting throughout. The kitchen offers stainless steal appliances and ample storage, while the cozy living room provides an inviting atmosphere. Retreat to the serene primary bedroom for ultimate comfort. Three additional bedrooms, one on the first floor, offer versatility for guests or home office space. The large basement offers endless potential for storage or a recreation area. The highlight? A detached 3-car garage, ideal for car enthusiasts or extra storage. Don't miss this opportunity to make this beautiful property your forever home. Located close to Marion Village, Silvershell Beach, shopping, restaurants, highways and so much more. Come join this Seaside community!
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| Nov 20, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 8, 2023 | Price Decreased |
$640,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017