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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Keller Williams Realty-Merrimack | $445,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Step into the timeless charm of New England with this beautifully maintained 3-bedroom, 2-bath colonial home, nestled on a generous .562-acre lot. Built circa 1875, this classic antique floor plan showcases the enduring craftsmanship of a bygone era while offering ample opportunity to create a space perfectly suited to your modern lifestyle. Inside, you'll find warm wood accents, spacious rooms, and a layout brimming with potential for updates to match your vision. The main living areas exude character and charm, with sunlight streaming through large windows, and built-ins accentuating the home's unique historical features. Outside, the expansive backyard invites you to embrace the joys of homesteading. Whether you're dreaming of a flourishing garden or simply a tranquil space to relax, this property delivers. The detached two-car garage offers additional storage and workshop possibilities, perfect for hobbies or DIY enthusiasts. Open house: 12/21 11am-1pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017