1005 W Milton Dr
About This Property
Glorious grounds so peaceful and private provide the perfect setting for the grandest of garden parties and outdoor activities. Cross fenced pool and spa ready for summer's fun. There is a detached two car garage and additional two car carport, along with extra parking behind a gated driveway. The large corner lot makes this property a strong candidate for a lot split under SB9, or a detached ADU to be built on site without sacrificing privacy at the main house. Car collectors will have plenty of room for extra parking and an additional garage. What will you do with this luxury of land? Bring your dreams for a country estate!
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Apr 7, 2024 | Listed by Seven Gables Real Estate | $1,850,000 | |
| Listed by Seven Gables Real Estate | |||
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About Glendora
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017