51 Mill Street #21
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 |
|---|---|---|---|
| Jan 14, 2005 | Sold | ||
| Sold | |||
| Jul 28, 2004 | Listed by Beacon Light Real Estate | $534,900 | |
| Listed by Beacon Light Real Estate | |||
| | |||
|
Here it is! Condos with first floor master bedrooms! Great for the empty nester/retiree or for those who just want first floor living! GLA measures small due to 2.5 story dining.familyroom. 2 car attached garages! No condo fees! Walk to shopping/train!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2017
|
3 Bed
|
3 Bath
|
2344 ft²
|
$685,000
3 Bed
3 Bath
2344 ft²
|
$644,000
-5.99%
08/01/2017
|
Suzanne Claflin
Berkshire Realty Group, LLC
| |
|
07/27/2015
|
Loft
|
3 Bath
|
1734 ft²
|
$638,000
Loft
3 Bath
1734 ft²
|
$625,000
-2.04%
11/01/2015
|
Mark Galante
Keller Williams Boston Metrowest
| |
|
07/28/2004
|
Loft
|
3 Bath
|
1700 ft²
|
$534,900
Loft
3 Bath
1700 ft²
|
$527,500
-1.38%
01/14/2005
|
David Miller
Coldwell Banker Residential Brokerage - Brookline
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017