56 Mill Lane
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 |
|---|---|---|---|
| Jul 27, 2012 | Sold | ||
| Sold | |||
| Oct 25, 2011 | Listed by Carey & Giampa, LLC | $349,000 | |
| Listed by Carey & Giampa, LLC | |||
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Country living with a lot of space in this expanded Cape-Cod with oversized attached garage. large farmer's porch across front with a 16'x64' rear deck. Large in-law suite over garage, plus a 2nd BR suite on 2nd floor. Master BR on 1st floor with vaulted ceilings, master bath and walk-in closet is just what you've always wanted. Large country kitchen with generous counter space opens into spacious living room - sliders to the back deck for natural sunlight.
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| Oct 4, 2011 | Listed by The Maureen Carey Group | $349,000 | |
| Listed by The Maureen Carey Group | |||
| Apr 6, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017