59 Milk Ave.
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, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed | $469,900 | |
| Listed | |||
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**OPEN HOUSE CANCELLED, OFFER ACCEPTED**Welcome to this charming 3-bedroom Cape-style home, brimming with warmth and character. Set on a quiet street, it features classic Cape architecture, a welcoming front porch, and great curb appeal. Inside, enjoy a sunlit living room with hardwood floors and an inviting eat-in kitchen with newer plank flooring. Two bedrooms are on the main level, while the large third bedroom upstairs offers added privacy—perfect for a home office or guest space. The partially finished basement provides bonus living space, and the private backyard is ideal for summer gatherings. An attached garage adds convenience. Recent updates include a 2024 hot water tank and newer windows. This move-in-ready gem is perfect for first-time buyers, downsizers, or anyone seeking comfort and convenience, close to parks, schools, shops, and major routes.
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| May 10, 2023 | Sold | ||
| Sold | |||
| Jan 25, 2023 | Listed by Properties Unlimited | $429,900 | |
| Listed by Properties Unlimited | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017