36
Map
70 Mill Point Place
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Z Global Realty | $599,000 | |
| Listed by Z Global Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2025
| |
4 Bed
|
3 Bath
|
2609 ft²
|
$599,000
4 Bed
3 Bath
2609 ft²
|
$560,000
-6.51%
04/21/2025
|
Aradio Zambrano
Z Global Realty
|
|
01/09/2024
| |
4 Bed
|
3 Bath
|
2609 ft²
|
$725,000
4 Bed
3 Bath
2609 ft²
|
-
-
|
Cristi Wagner
JAX Realty
|
|
12/24/2021
| |
3 Bed
|
3 Bath
|
2609 ft²
|
$420,000
3 Bed
3 Bath
2609 ft²
|
$535,391
+27.47%
02/25/2022
|
Thao Dinh
World Wide Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017