917 Milan Road
About This Property
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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%.
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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.
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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, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Badger Realty North | $299,000 | |
| Listed by Badger Realty North | |||
| Nov 27, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Badger Realty North | $179,900 | |
| Listed by Badger Realty North | |||
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Enjoy country living in this historic yet energy efficient 3 bedroom, 2 bath home located on 5 acres, studded with apple trees, perennials and berry bushes. The interior just underwent extensive renovations resulting in freshly sanded and finished wide pine board floors, wainscotting, a second bath, and a first floor bedroom or office. There are wood beamed ceilings and knotty pine living room walls. Brand new front porch. Known as the "boom" house it served an important function during the era when logs were floated down the Androscoggin River to the mills. The flooring of the upper 2 bedrooms still reflect this heritage with boot cleat marks still visible. The house was also mentioned in famous author, John Irving's ,"Last Night in Twisted River."The hot water is provided by an electric on demand system, powered, as are all the home's electric needs, by a 12 panel solar system in the yard that feeds into the power grid. Electric credit has accrued, to be transferred to the new owner. Seller is offering a $1,000 rebate at closing for buyer to use to upgrade appliances. The basement is spray foam insulated and a heat pump on the main floor means significant heating and cooling savings! Drilled well, septic system and one year old roof .The Androscoggin River is directly across the street and trails for snow machining and ATVing are nearby.
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| Aug 30, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017