7 Mildred Court
About This Property
Welcome to this beautifully maintained 8-room, 3-bedroom, 1.5-bath splanch, ideally situated on a large, manicured lot in a highly desirable neighborhood. Located within the Smithtown School District, this home offers both charm and functionality.
Featuring hardwood floors, a formal living room, formal dining room, and first-floor laundry, the layout is perfect for everyday comfort and entertaining. The updated 200 AMP electric service, Andersen windows, and architectural roof ensure long-term peace of mind, while baseboard heating and a fully electric system provide clean, efficient energy.
The expansive, flat backyard is fully fenced and includes a pavor patio and in-ground sprinkler system, ideal for entertaining, adding a pool, or creating your own backyard oasis. There's also a 1-car attached garage and a full attic with pull-down stairs for additional storage.
This is the perfect place to call home, classic charm, thoughtful updates, and room to grow!
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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 30, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed by Keller Williams Points North | $650,000 | |
| Listed by Keller Williams Points North | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017