72 Papermill Rd #72
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%.
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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Aug 13, 2025 | Listed by eXp Realty | $499,900 | |
| Listed by eXp Realty | |||
| |||
|
Enjoy the best of comfort and convenience in this beautifully maintained 55+ townhouse with a private, tree-lined backyard. From the welcoming front porch, enter into a bright open floor plan with vaulted ceilings and skylights. The spacious living room features a cozy gas fireplace and a large picture window, flowing easily into the kitchen and dining area. The kitchen has stainless steel appliances and granite countertops.The back deck overlooks lush, mature plantings—perfect for peaceful mornings or quiet evenings. The first-floor primary suite offers a full bath with soaking tub and walk-in closet, while a guest bedroom, second full bath with step-in shower, and laundry add everyday ease. Upstairs, a versatile loft makes the perfect home office or guest retreat. The finished walkout basement has lots of storage, full-size windows and a slider to the back patio. With a one-car garage and a prime location close to shopping, highways, and the Cape Cod Canal, this home is a true gem!
| |||
| Oct 29, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/13/2025
|
2 Bed
|
2 Bath
|
2307 ft²
|
$499,900
2 Bed
2 Bath
2307 ft²
|
$495,000
-0.98%
12/31/2025
|
Alyse Sullivan
Jack Conway - Conway On The Bay
| |
|
08/07/2018
|
2 Bed
|
2 Bath
|
1382 ft²
|
$325,000
2 Bed
2 Bath
1382 ft²
|
$315,000
-3.08%
10/29/2018
|
Marie Whitney
Marie Whitney Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017