51 MILAN HILL
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 9, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Listed by PATRICIA A. HINKEIN REALTY LLC GE | $304,000 | |
| Listed by PATRICIA A. HINKEIN REALTY LLC GE | |||
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Spacious Ranch on 8.7 park like acres in Milan. This mid-century home will pleasantly surprise you with the amount of living area it has. Features include 4 bedrooms/3 baths, hardwood floors, livingroom with fireplace, formal diningroom, den, additional livingarea in lower level with familyroom, office, & workshop area as well as an oversized 2 car garage. Gunite pool. Screened gazebo. Paved driveway. Located in the Red Hook School District.,Level 2 Desc:BONUS HEATED AREA COULD BE A BEDROOM OR PLAYROOM,ExteriorFeatures:Gazebo,Landscaped,Outside Lighting,Storm Doors,Unfinished Square Feet:1500,AboveGrade:2400,FOUNDATION:Block,InteriorFeatures:Electric Stove Connection,Washer Connection,Electric Dryer Connection,EQUIPMENT:Smoke Detectors,ROOF:Asphalt Shingles,FLOORING:Wood,Tile,Heating:Zoned,Below Grnd Sq Feet:1920,OTHERROOMS:Laundry/Util. Room,Office/Computer Room,Level 1 Desc:SPACIOUS WITH HARDWOOD FLOORS THROUGHOUT & MANU CLOSETS.,Basement:Garage Access
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| Jul 9, 2017 | Listed | $304,000 | |
| Listed | |||
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Mid-Century Ranch home on 5.47 parklike acres in Milan. This spacious 4 bedroom/3 bath ranch features hardwood floors, livingroom with fireplace, formal diningroom, den, additional livingarea in lower level with familyroom, office, & workshop area as well as an oversized 2 car garage. Gunite pool. Screened gazebo. Paved driveway. Additional land available. The manager has listed the unit size as 2400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017