799 Mill Road
About This Property
Inside, rich hardwood flooring flows seamlessly throughout, creating a warm and cohesive ambiance. The heart of the home features a cozy wood-burning stove, adding both character and warmth to the main living area. Oversized windows flood the space with natural light.
The main level boasts a primary bedroom with an en-suite bath, plus an additional room that can serve as a home office or fifth bedroom. Upstairs, you'll find three generously sized bedrooms-two of which feature their own en-suite bathrooms-ideal for privacy and convenience. A climate-controlled bonus room above the garage that provides the perfect flex space to create a media room, playroom or studio.
Additional highlights include a central vacuum system for easy maintenance. Full basement with 8-foot ceilings and egress windows, offering endless potential to finish into a recreation room, home gym, or workshop.
Set on a large, wooded parcel, the property offers privacy and a peaceful, natural setting. While the mature trees provide a serene woodland feel, there's ample space to clear, expand, or customize the landscape to fit your vision.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017