59 New Mill Road
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2023 | Price Decreased |
$879,999
↓ $50K
(5.4%) | |
| Price Decreased | |||
| Sep 19, 2023 | Price Decreased |
$929,999
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Aug 19, 2023 | Listed by Pinpoint Realty LI | $949,999 | |
| Listed by Pinpoint Realty LI | |||
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Welcome Home!! This stunning 4 Bedroom, 2 Bath Ranch style home is situated on approximately one half acre of parklike grounds in the ForestWood Neighborhood of Smithtown. This amazing property was built to perfection. It has Anderson Windows throughout, custom oak cabinets, Honduran Hardwood Floors (including closets), Solid Doors throughout, den with fireplace, recessed lighting, 2 car oversized garage, paving stone driveway, new 5 zone sprinkler system, new roof (2020), new pool liner (2020), new steps for pool (2020), new front landscaping, trees recently trimmed, full unfinished basement (size of the whole house), 3 zone heating and cooling, large sunroom off kitchen, trex deck off porch, security system, fish pond with waterfall. Way too much to list! 1 mile from town, shopping food markets, library, post office and transportation. Start Packing! This Home is ready for its next chapter!
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Property Highlights
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About Smithtown
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017