492 Mill Street
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 14, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Listed | $399,900 | |
| Listed | |||
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OPEN HOUSE CANCELLED. Dreaming of a WATERFRONT property? *Vacation at home all year round on Patch Reservoir in a 2 BR home w/ renovation done in 2017*Updated kitchen w/ nice wood cabinets/baths/flooring/vinyl siding & so much more*Enjoy your 1/2 acre of privacy ( unusually large for waterfront lots !)and terrific views*HE and SHE sheds await your creative ideas*FR w/gas FP and spectacular & tranquil vistas*Owners set up home office in unfinished LL that’s heated and easy to finish* Tatnuck Sq area, convenient for commuters, airport, shopping and so much more*Hurry to our OH and don't let your dream of waterfront living pass you by *
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| Aug 2, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017