6 Milton Lane
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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Douglas Elliman Real Estate | $1,398,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Top of the line, better than new construction, 3100 square foot home was built in 2005. Entry foyer with french doors leads to bright and spacious, open concept floor plan with 9 foot ceilings throughout, a large living room, formal dining room, extended Custom chef's kitchen with gas cooking, stainless steel appliances, granite counters and sliders to fenced-in yard. Main level also features a large family room with full bath and space for office. Second floor features primary suite with vaulted ceilings, walk-in closet with custom built-ins and luxury primary bath. Additional 4 bedrooms, full bath, and attic access. Stunning hardwood floors, custom millwork and fitted closets throughout entire home, Central Air conditioning, gas heat, sprinkler system, and security system. Syosset school district.
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| Nov 2, 2005 | Sold | ||
| Sold | |||
| Oct 1, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017