50 Mill Rd
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Compass | $585,000 | |
| Listed by Compass | |||
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Thinking of investing in Old Cape Cod? Welcome to this one-of-a-kind antique cottage, complete with original shiplap & details. This three season home has updated bath, updated kitchen appliances and stackable washer and dryer, and was recently hooked up to town water. The open, light-filled floorpan allows for easy, breezy entertaining—there's even room for a wood-burning fireplace. Three bedrooms encourage lazy summer days and an outdoor shower is ideal for a post-beach refresh. Centrally located only minutes from all the Lower Cape has to offer: fun shops, great restaurants, the Eastham Superette, library, the famous Rail Trail, Great Pond, and a can't-be-beat setting that is equidistant from First Encounter bay beach and the Cape Cod National Seashore. This is a great opportunity for those looking for a quintessential Cape Cod getaway or investment property. It's easy to fall in love with this charming property which is being sold furnished (with a few exceptions).
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| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017