7 Mill River 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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by William Raveis R.E. & Home Services | $615,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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"May Your Troubles Be Less and Your Blessings Be More, and Nothing But Happiness Come Through Your Door." Continue your journey to happiness at 7 Mill River Drive in Weymouth! This Brown-built, steel-beam construction home has been lovingly maintained by its long-time owner. With ample windows flooding the space with natural light and a spacious, practical floor plan, all that's left to do is move in and unleash your creativity. The main level features an open living and dining area, an eat-in kitchen leading to a large deck, three generously-sized bedrooms, and a recently updated full bathroom. The lower level includes a family room, a half bath, a convenient utility/storage room, and direct access to a spacious 2-car garage. The expansive, well-manicured lot is perfect for entertaining and outdoor activities.Energy efficient upgrades have been done through Mas Save, including insulation and updated electric baseboards. Ultra-convenient to Rt 3N/S and lots of shopping/dining nearby.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017