$2,380,000
●
House -
Off Market
12 Dexter Place
Millbrae, CA 94030
4 Beds
2 Baths,
1
Half Bath
2,240 Ft²
$9,762
Est. Monthly
About This Property
Situated on a large 8,247 sq ft lot in Millbraes desirable Meadow
Glen neighborhood, this inviting home has been freshened up and is
ready to move in while offering great potential for future
improvements, expansion, and modernization. Hardwood floors run
throughout, with durable LVP in the kitchen and baths. Enjoy
top-rated Millbrae schools and a prime location within walking
distance to shopping, dining, and groceries such as Trader Joes and
Paris Baguette, plus neighborhood conveniences along Broadway and
El Camino Real. Close to Central Park playground and recreation
areas for family activities and community events. Commuters will
appreciate easy access to BART and Caltrainabout a mile awayfor
quick connections to San Francisco and Silicon Valley. With its
spacious lot, comfortable layout, and excellent walkability, this
home blends comfort, convenience, and opportunity in a truly
exceptional setting.
Unit Size
2,240 Ft²
Days on Market
24 days
Land Size
0.19 acres
Price per sqft
$888
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 12 months ago (MLSListings Inc. #ML82025869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Rise Homes | $1,988,000 | |
| Listed by Rise Homes | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Millbrae
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Listed by: Mike Sinitsky, Rise Homes
Last Updated: 12 months ago
Data Source: CRMLS, MLS# ML82025869
Last Updated: 12 months ago
Data Source: CRMLS, MLS# ML82025869
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