70 Mill Road #2
About This Property
The manager has listed the unit size as 2200 square feet.
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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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed | $1,090,000 | |
| Listed | |||
| | |||
|
Stunning Condominium just minutes to the beach & shopping. Built in 2018 by D.D. Cook Builders this home has everything you could ask for. Large open concept Kitchen with large center island, Quartz countertops and stainless steel appliances. Family room with gas insert fireplace. Hardwood floors throughout the entire home. Large first floor primary suite with large walk in closet and bath with oversized custom tile shower. Half bath, first floor laundry and three season porch complete the first level. Second level has a bright and open loft area perfect for a home office/gym and many other uses. Second primary suite on second floor with primary full bath with double vanity. Bonus room over garage could be used for a multitude of uses including a 3rd bedroom. 4 zones, central air and on demand hot water tank. Enjoy the town of North Hamptons walking trails and conservation land Showings start at Open Houses Friday 02/02/24 3-5 & Sat 12-2
| |||
| Aug 6, 2020 | No longer available | - | |
| No longer available | |||
| Mar 3, 2020 | Listed | $859,000 | |
| Listed | |||
| Mar 5, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/31/2024
|
3 Bed
|
2 Bath
|
2759 ft²
|
$1,090,000
3 Bed
2 Bath
2759 ft²
|
$1,036,000
-4.95%
05/08/2024
|
Kurt Schneider
D.D. Cook Real Estate, Inc.
| |
|
03/03/2020
|
2 Bed
|
3 Bath
|
2200 ft²
|
$859,000
2 Bed
3 Bath
2200 ft²
|
-
-
|
-
| |
|
11/06/2018
| |
2 Bed
|
3 Bath
|
2250 ft²
|
$700,000
2 Bed
3 Bath
2250 ft²
|
-
-
|
-
|
|
11/04/2018
|
2 Bed
|
2 Bath
|
2350 ft²
|
$700,000
2 Bed
2 Bath
2350 ft²
|
$700,000
03/05/2019
|
Kurt Schneider
D.D. Cook Real Estate, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017