56 Millbrook Drive
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Weichert Realtors-Morristown | $339,000 | |
| Listed by Weichert Realtors-Morristown | |||
| Aug 18, 2016 | Sold | ||
| Sold | |||
| May 16, 2016 | Listed by Silver Ridge Realty, LLP | $159,900 | |
| Listed by Silver Ridge Realty, LLP | |||
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YORKSHIRE MODEL IN SILVER RIDGE WESTERLY ACROSS FROM ACTIVE CLUB HOUSE W/OUTDOOR POOL.2 BDRMS.2FULL BTHS. HARDWOOD FLOORS EXCEPT IN KIT.& BTHS.BACK YARD BACKS TO COMMON GRDS.PERMANENT GAS LINE TO GRILL ON BACK PATIO.SOME NEWER WINDOWS AND APPLIANCES. ROOF APPROX., 8YRS.OLD. A/C SYSTEM APPROX.,5YRS.OLD.GAS HW/HEATER APPROX.3YRS.OLD.TERMITE WARRANTY IN EFFECT UNTIL 04/19/2017 TRANSFERABLE TO NEXT OWNER.,REAL HARD WOOD FLOORS IN EXCELLANT CONDITION. HOME BACKS TO PRIVACY AND WALK ACROSS TO THE ACTIVE CLUB HOUSE & OUTDOOR POOL.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017