6937 Mill Falls Drive
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 |
|---|---|---|---|
| Oct 8, 2021 | No longer available | - | |
| No longer available | |||
| Dec 17, 2020 | Sold | ||
| Sold | |||
| Nov 21, 2020 | In contract | - | |
| In contract | |||
| Nov 1, 2020 | Listed by The Carol Blair Group, LLC | $385,000 | |
| Listed by The Carol Blair Group, LLC | |||
| Oct 15, 2020 | Listed | $1,250,000 | |
| Listed | |||
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We are teaming up with one of the outstanding builders in the area, 3rd Street Custom Homes. This is your opportunity to build your truly custom dream home in the heart of Prestonwood. Near Brentfield Elementary, Parkhill and Pearce High School. Drawings and design are used for reference, all items can be changed or modified. Don't miss this chance to build that special home in a great neighborhood. The manager has listed the unit size as 4200 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017