1
Map
56 Mill St
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 31, 2015 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by Austin Realty Group | $775,000 | |
| Listed by Austin Realty Group | |||
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Majestically sited back from the street on a beautiful 5 1/2 acre lot sits this newer 11 Room, 4 Bedroom, 3.5 Bath, 2 Car Garage, 3,350 Sq. Ft. Colonial w/an additional oversized 2 car barn for any car enthusiast. The 1st floor layout consists of a gorgeous kitchen w/cherry cabinets, granite counters & stainless steel appliances which steps into a 24'X22' 1st floor family room w/fireplace & hardwood floors, formal living room & dining room. 2nd floor consist of 3 spacious bedrooms & Master bedroom suite w/Master bath & Walk-in closet. The lower level has been professionally finished into a game room w/bath that also walks out to the back yard. Enjoy the 32' foot composite deck with your favorite beverage in this private and peaceful setting after a hard day at work.
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| Jul 20, 2006 | Sold | ||
| Sold | |||
| May 2, 2006 | Listed | $439,900 | |
| Listed | |||
| May 26, 1998 | Sold | ||
| Sold | |||
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