8 Millbrook 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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by eXp Realty | $724,000 | |
| Listed by eXp Realty | |||
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Discover comfortable, easy living in this well-maintained straight ranch in West Natick. This inviting home boasts natural lighting & well proportioned rooms, perfect for a smaller house. Located on a tree-lined street with sidewalks, it reflects pride of ownership throughout. Inside, you'll find 3 bedrooms & 2 full bathrooms, including a primary suite. The updated kitchen complements the living & dining rooms, while the family room offers additional space to entertain & play. Enjoy cozy evenings by the wood-burning stove in the living room. Energy efficiency improvements include younger vinyl windows, roof (2015), boiler (2017) & vinyl siding. Convenient storage options in both attic & backyard shed. The exterior features include a large fenced-in yard with fire-pit & parking for 4 cars. With easy access to the train just blocks away & also the Mass Turnpike, this home combines convenience with charm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017