9 Milan Rd
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 |
|---|---|---|---|
| Jul 18, 2016 | Sold | ||
| Sold | |||
| May 2, 2016 | Listed by eXp Realty | $310,000 | |
| Listed by eXp Realty | |||
| Jul 30, 2013 | Sold | ||
| Sold | |||
| Sep 13, 2010 | Listed by Burns & Egan Realty Group, LLC | $298,000 | |
| Listed by Burns & Egan Realty Group, LLC | |||
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Motivated Sellers offering $3000 toward closing cost!!! This Colonial offers a beautiful kitchen w/corian counters and SS appliances tiled floor. Updated bathroom. Front to back familyroom w/fireplace & french doors leading to the backyard. Master bdrm w/lots of light,cathedrial ceiling w/ fan,WI closet & entrance to the bathroom. New brick paver patio off the deck for all your gatherings! W/D included! Basement can be finished for additional living space! Minutes to major highways & tax fre
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| Dec 3, 2008 | Sold | ||
| Sold | |||
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