1121 Millie 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Anja DrewesProperties, LLC | $160,000 | |
| Listed by Anja DrewesProperties, LLC | |||
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Sold AS-IS. This home is perfect for those with a vision, offering endless possibilities for your imagination. Nestled in a quiet, established neighborhood, this home boasts a tranquil setting with beautiful mature trees. Enjoy the convenience of alley access and the benefit of no MUD taxes or HOA dues. The property features three spacious bedrooms and two full bathrooms, along with a living room, kitchen, family room, and an additional extra room. Covered back patio and extra work rooms. Located just minutes from downtown Rosenberg, you'll have quick access to shopping, dining, and entertainment. This is a prime opportunity for a rehab property in a sought-after area. Don’t miss out on this fantastic chance to transform this property into your home or a profitable investment. Bring your creativity and start envisioning the possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017