709 W Mills Drive
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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 |
|---|---|---|---|
| Oct 11, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Keller Williams Realty | $269,000 | |
| Listed by Keller Williams Realty | |||
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This home has had meticulous care. Note the large stately oak tree as you drive up & the backyard with mature trees & storage building. You win on this one with the quality of updates: between 2015 and 2017 wood floors, granite countertops, tile backsplash, bathrooms updated with tile and granite & more. Dishwasher replaced 8-21 & energy efficient double pane windows in living approx. 2015. Pella triple pane windows in large living 2007. Garage professionally converted to large living 2009-& the carport professionally added. Lastly, roof replaced 8-21 & central heat a& air replaced 12-20. Come & see for yourself. Buyer & Buyers agt verify msrmts, schools & tax. Buyer got cold feet day after executing BOM
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017