7 Millstone Way
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 |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Jul 19, 2020 | Listed by Diane Turton, Realtors-Lacey | $379,000 | |
| Listed by Diane Turton, Realtors-Lacey | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/30/2021
| |
Loft
|
2 Bath
|
2217 ft²
|
$440,000
Loft
2 Bath
2217 ft²
|
$465,000
+5.68%
09/15/2021
|
Patricia Eppolito
Diane Turton, Realtors-Lacey
|
|
07/19/2020
| |
Loft
|
2 Bath
|
2217 ft²
|
$379,000
Loft
2 Bath
2217 ft²
|
$373,500
-1.45%
09/15/2020
|
Frank Fontana
Diane Turton, Realtors-Lacey
|
|
09/07/2015
| |
2 Bed
|
2 Bath
|
2217 ft²
|
$319,900
2 Bed
2 Bath
2217 ft²
|
$313,000
-2.16%
05/01/2016
|
Nancy Muldowney
Van Dyk Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017