8
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828 MILLCHOP LANE
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 |
|---|---|---|---|
| Oct 9, 2026 | Listed by Patterson-Schwartz-Hockessin | $279,900 | |
| Listed by Patterson-Schwartz-Hockessin | |||
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Nov 3, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Price Decreased |
$155,000
↓ $60K
(27.9%) | |
| Price Decreased | |||
| Oct 19, 2024 | Listed by Coldwell Banker Realty | $215,000 | |
| Listed by Coldwell Banker Realty | |||
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Opportunity awaits in this spacious 4-bedroom, 2-bath home, set on a large lot with endless potential. With no HOA, you’ll enjoy the freedom to customize and enhance the property to your vision. This home is perfect for those looking to invest in a renovation project or create their dream space. While the home does need some repairs and updating, some essential work has already been done, including the installation of a brand-new public septic system just last year—a significant upgrade that adds value and peace of mind. Inside, the layout offers plenty of space for creativity. The generously sized bedrooms provide ample room for family or guests and are ready for a modern refresh. The primary bathroom features an ensuite bathroom, providing the right amount of space and privacy. The expansive lot offers endless possibilities for outdoor living, gardening, or even adding a detached garage or workshop. Located in a quiet neighborhood with easy access to local amenities, this home is ideal for someone with vision who wants to bring it back to its full potential. Don’t miss the chance to transform this property into a beautiful, customized retreat. Bring your tools and imagination—this is the perfect canvas for your next home project!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017