50 Mills Drive
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 29, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Bay State Realty Associates | $529,900 | |
| Listed by Bay State Realty Associates | |||
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Location, Location, Location! This home is .10 miles to the long pond beach association which is a voluntary $130/yr to join. Bring your beach chair and your home. There are 5 bedrooms with closets. You may want to take down a wall for enlarging the space. For anyone who loves Flowers, this is a 10k sqft lot of beautifully manicured lawn with an exceptional perennial garden. The owner was kind enough to supply some photos of their garden at different times of the year. It starts with Hyacinth, Tulips and Daffodils, Phlox covered stones, then a sea of fragrant Lilies, now there are Shasta Daisy’s , Roses, Hosta, Fox glove, Hydrangeas, Rhododendron. Beautifully Afternoon Shade for Dining on the deck or spectacular Patio area. The detached garage and Car port offer extra storage area as well. Dont Miss this opportunity to make this house your new home, this is the first time it is being offered in 21 years.
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| Jan 28, 2004 | Sold | ||
| Sold | |||
| Nov 10, 2003 | Listed by Barrett Real Estate | $249,900 | |
| Listed by Barrett Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017