70 OLD MILL LNDG
About This Property
***This property has been used since 1850 for a selective silviculture operation and also a farm that currently has grazing animals helping maintain the underbrush. Deeded access was granted by the original property owners in 1960s who owned this property for over 115 years. New survey for 10-acre lot and a partial survey for the 4.33-acre lot . All photos within this listing are of the actual property and are unedited photos.
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by NetRealtyNow.com, LLC | $175,000 | |
| Listed by NetRealtyNow.com, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017