70 Millpond #70
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%.
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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 |
|---|---|---|---|
| Jul 18, 2014 | Sold | ||
| Sold | |||
| May 28, 2014 | Listed by Keller Williams Realty | $319,900 | |
| Listed by Keller Williams Realty | |||
| Apr 29, 2005 | Sold | ||
| Sold | |||
| Mar 24, 2005 | Listed | $399,900 | |
| Listed | |||
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Immaculate end unit townhouse in desirable Millpond. Updated kitchen with all appliance 2 years or newer. The dining room has custom built-ins and a walkout to a new cedar deck, which is part of a tastefully decorated courtyard. Sunken LR has a gas fireplace and beautiful view overlooking a tranquil stream. 2nd flr BRs & hallway have new carpeting and freshly painted walls. 3rd floor loft could be used as an additional BR or study. This is a planned unit development.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2014
|
3 Bed
|
2 Bath
|
1806 ft²
|
$319,900
3 Bed
2 Bath
1806 ft²
|
$320,000
+0.03%
07/18/2014
|
Joseph Contrada
Keller Williams Realty
| |
|
03/24/2005
|
2 Bed
|
2 Bath
|
1585 ft²
|
$399,900
2 Bed
2 Bath
1585 ft²
|
$393,000
-1.73%
04/29/2005
|
Stanley Wojcik
Coldwell Banker Residential Brokerage - North Andover
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017