8191 OLD MILL RD
About This Property
The vast expanse of land provides ample space for customization, whether you envision a luxurious garden, a personal retreat, or additional structures to enhance the property's value. Embrace the chance to shape this property into a masterpiece that reflects your aspirations and style.
Don't miss out on this exceptional opportunity to invest in a property with boundless possibilities! Create your legacy in this serene and expansive setting. The seller just installed the waterproofing walls and sump pump in Basement, New Septic system, New Roof, New A/C Furnace, hardwood floor just refinished, deck just repainted, Full bathroom and Office room on lower level done in 2023.......Being sold strictly As-Is!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Pearson Smith Realty, LLC | $689,000 | |
| Listed by Pearson Smith Realty, LLC | |||
| May 30, 2024 | Price Increased |
$698,000
↑ $223K
(47%) | |
| Price Increased | |||
| Mar 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017