12311 Millvan Drive
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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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Compass RE Texas, LLC | $349,990 | |
| Listed by Compass RE Texas, LLC | |||
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Large home with a pool on almost 15,000 square foot lot! The outside backyard is an entertainers dream that will ensure endless hours of fun in the sun. Inside of this spacious 4 bedroom 2.5 bath home is an open floor plan that can easily fit the entire family with room for remote work/learning. Upstairs has three bedrooms and a very large game room area that has endless possibilities and plenty of room for activities. These kind of homes do not come available often, so don't miss your chance to view this home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017