1216 Velma Miles Place
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 24, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Listed by 1st Choice Realty | $269,000 | |
| Listed by 1st Choice Realty | |||
| |||
|
Desert Living at Its Finest! West Side Gem in the Highlands subdivision situated in a Cul-De-Sac lot with Heated Pool & Solar (PAID OFF)!
Property Highlights: Freshly painted exterior for a crisp modern look, partial garage conversion with an additional 100 sqft. of living space (not included sqft.), low-maintenance desert landscaping for effortless curb appeal, canopy offering shade and convenience, paid-off water filtration system for enhanced water quality, a stunning fireplace surrounded with arabesque tile adds a touch of modern elegance and timeless design, & a heated pool — perfect for relaxing or hosting year-round gatherings. With energy-efficient upgrades and thoughtful finishes, it's the ideal setting for creating lasting memories with loved ones. Located minutes from shopping, dining, and top-rated schools, this west side treasure won't last long!
| |||
| Apr 30, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed by Realty One Group Mendez Burk | $155,000 | |
| Listed by Realty One Group Mendez Burk | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017