73 Mitchell 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 29, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Signature Premier Properties | $499,000 | |
| Listed by Signature Premier Properties | |||
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Welcome home to this beautifully updated 3 bedroom cape in the acclaimed Miller Place School District. Gorgeous chef's kitchen with all updated SS appliances, granite counters, and large pantry, versatile open floorplan with wood floors on main level, updated bathrooms, large primary bedroom with vaulted ceiling and large closet. Lush landscaped fully fenced back yard with a trex deck, gazebo, play area with rubber mulch and storage shed. Additional updates include windows, siding, air conditioning, water heater, washer & dryer, EV charger, plus much more. This turn key home is located in a quiet north shore neighborhood just minutes to beaches, marinas, and parks. Also close to LIRR, ferry to CT, wineries, shopping & restaurants.
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| Dec 20, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Sold | ||
| Sold | |||
Property Highlights
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About Sound Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017