9 Mills Path
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Douglas Elliman Real Estate | $385,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Welcome home! Why rent when you can own?? This 2 bedroom, 1 bath ranch has the sweetest curb appeal with its inviting front porch. Located on a dead end street in the Sachem School District. This home features LOW TAXES, hardwood floors, young roof, young vinyl siding and young Anderson windows. The kitchen with granite countertops was completed in 2018. There is a refreshing above ground pool that will be left as a gift to the new owners. Don't wait, schedule your appt today!
| |||
| Apr 23, 2003 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Lake Ronkonkoma
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Data Source: OneKey MLS
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