56 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 |
|---|---|---|---|
| Nov 17, 2017 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by Gravel Real Estate Associates | $238,900 | |
| Listed by Gravel Real Estate Associates | |||
| Apr 7, 2017 | Sold | ||
| Sold | |||
| Oct 25, 2016 | Listed by Lumin Commercial Real Estate LLC | $159,900 | |
| Listed by Lumin Commercial Real Estate LLC | |||
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Located on a spacious 1.51 acre lot in a great area, here's your opportunity to purchase this 5 room Ranch with attached garage, and build equity. This property is being sold AS-IS condition, and in need of total rehab & mold removal on both levels, but appears structurally sound. Family room opens to dining area & kitchen, Living room w/fireplace & 2 bedrooms w/wood floors. Second fireplace in basement. Public water, (plus a garden well, also as-is). Seller will comply with Title 5. Plenty of parking with a driveway plus a circular driveway,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017