81 Mill 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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | In contract | - | |
| In contract | |||
| Dec 19, 2024 | Listed by Signature Premier Properties | $479,999 | |
| Listed by Signature Premier Properties | |||
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Welcome home to 81 Mill Rd! This updated 4 Bedroom, 2 Full Bath expanded ranch has plenty of room and flexibility with accessory apartment potential with the proper permits. It features central air, hardwood floors, an updated kitchen with stainless steel appliances, a formal dining room, living room, den, full bath and large master bedroom with 2 closets. The additional living area with separate entrance has a large dining area, 3 bedrooms, full bath and living room. The attached 1 car garage provides additional storage space for the home. Whether you like to entertain or just relax, the half acre yard with multi-tier deck and gazebo provides plenty of space to do so. With taxes under $6k with the STAR credit, what more can you ask for! Don't miss this home!
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| Dec 1, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $174,900 | |
| Listed | |||
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Cozy Split With 6 Rooms 2 Bedrooms And 1 Bath. Full Basement And 1 Car Garage. Large Kitchen With Tons Of Counter Space And Storage, Separate Dining Room, Bright And Sunny! William Floyd Schools. Close To Shopping, Transportation And Major Roadways!
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017