87 Mill Street
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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Aug 17, 2025 | Price Decreased |
$830,000
↓ $50K
(5.7%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by Douglas Elliman Real Estate | $880,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Welcome to your private Hudson Valley retreat! This stunning 4-bedroom colonial is set on two separate parcels totaling 32.7 acres—a rare offering that includes a 29.8-acre main parcel and a 2.9-acre adjacent lot, providing endless possibilities and privacy.
A long, gated driveway leads to the elegant home, nestled in a serene and lush setting ideal for those seeking peace and space. The spacious layout is perfect for entertaining, featuring a formal dining room, a cozy living room, and a large family room that opens to a charming 3-season porch with sweeping views of the property.
Outdoors, enjoy your own slice of paradise with a peaceful pond, a beautiful barn, and mature fruit and nut trees including almond, persimmon, nectarine, and chestnut. With abundant wildlife and open space, this property is a true haven for nature lovers and hunters, and has excellent potential to be a family farm.
Whether you’re hosting summer BBQs by the pool or relaxing on the country front porch, you’ll love the tranquil lifestyle—with major highways (I-87 & I-84), Metro North, shopping, and Stewart International Airport just minutes away. And best of all, you’re only 1 hour and 30 minutes from NYC.
Don’t miss this exceptional opportunity to own a private estate with unmatched natural beauty and versatility in the heart of the Hudson Valley.
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| Sep 11, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017