58 Mill St
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 21, 2012 | Sold | ||
| Sold | |||
| Nov 9, 2009 | Sold | ||
| Sold | |||
| Sep 12, 2009 | Listed by LAER Realty Partners | $510,000 | |
| Listed by LAER Realty Partners | |||
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QUALITY BUILT, AFFORDABLY PRICED NEW CONSTRUCTION READY FOR OCCUPANCY; BEST QUALITY MATERIALS & WINDOWS, RECESSED LIGHTING, GRANITE COUNTERS, MAPLE KITCHEN CABINETS;3 BEDROOMS, MASTER BATH PLUS ANOTHER 1.5 BATHS,WALKOUT BASEMENT READY TO BE FINISHED,PERIMETER FRENCH DRAIN;PULLDOWN ATTIC,ATTACHED 1.5 CAR GARAGE W/ INTERIOR ACCESS, SPRINKLER SYSTEM, FRONT FARMERS PORCH,REAR DECK (BOTH W/ TREKS FLOORING);EFFICIENT PROPANE HEATING SYSTEM, CENTRAL A/C; EASY ACCESS TO RTE'S 93 & 128 AND COMMUTER RAIL
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| Apr 10, 2009 | Sold | ||
| Sold | |||
| Mar 13, 2009 | Listed | $189,900 | |
| Listed | |||
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