60 Millpond #60
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 20, 2005 | Sold | ||
| Sold | |||
| Apr 14, 2004 | Listed by Coldwell Banker Residential Brokerage - Andover | $389,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Oct 15, 1999 | Sold | ||
| Sold | |||
| Sep 2, 1999 | Listed | $234,900 | |
| Listed | |||
| | |||
|
DESIRABLE END UNIT @ MILLPOND TOWNHOUSES. 3 FLOORS 2.5 BATHS 1548 SQ FT+ ADD'L 724 SQ. FT. FIREPLACED WALK OUT LOWER LEVEL. DUES INCLUDED TENNIS POOL AND CLUBHOUSE. $600 ASSESSMENT IN 1999. THIS A P.U.D.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/14/2004
|
2 Bed
|
2 Bath
|
2272 ft²
|
$389,900
2 Bed
2 Bath
2272 ft²
|
$385,000
-1.26%
07/20/2005
|
Wayne Ghirardini
Coldwell Banker Residential Brokerage - Andover
| |
|
09/02/1999
|
2 Bed
|
3 Bath
|
1548 ft²
|
$234,900
2 Bed
3 Bath
1548 ft²
|
$232,000
-1.23%
10/15/1999
|
Helen Tiberio
RE/MAX Preferred, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017