7635 Mills Road
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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 10, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Relisted | $3,685,000 | |
| Relisted | |||
| Sep 1, 2017 | Listed | $3,685,000 | |
| Listed | |||
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Well-appointed in its details, welcoming in its warmth, lush landscaping wraps a bow around this luxury custom Monterra estate. Overlooking native oaks, this beautiful "Western Farmhouse" invites one to experience what gracious living is all about. Step into the welcoming front entry and become part of a home ready to impress, from its rich oak wide-plank flooring to the entertainer's gourmet kitchen that leaves no need unmet. Larger rooms lead to smaller cozier rooms where an intimate chat over a glass of wine from the temperate-controlled wine room beckons you. Relax on the expansive sunny stone terrace overlooking the rolling hills or share a pizza from the Tuscan pizza oven. The master suite leaves no stone unturned, including custom cabinetry in rich cherry wood. Three additional en suite bedrooms, 2 guest half baths and a 3-car garage complete this beautiful home. Treat yourself and come experience Monterra's exclusive luxury lifestyle. This is truly luxury living at its best! The manager has listed the unit size as 5873 square feet.
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| Aug 16, 2017 | Listed by Carmel Realty Company | $3,685,000 | |
| Listed by Carmel Realty Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017