12414 Millway 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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Abby Realty | $285,000 | |
| Listed by Abby Realty | |||
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Gorgeous single-story David Weekley home. NEVER FLOODED. Meticulously maintained by original owners. 4 bedrooms, 2 full bathrooms, plus formal dining and living rooms. Home features high ceilings, crown molding, large windows, and open floor plan. Engineered Brazilian cherry hardwood throughout the home. Brand new carpeting in master bedroom. Bathrooms newly updated with granite countertops and undermount sinks. Kitchen recently renovated with new granite countertops, undermount sink, new microwave, and sleek, electric cooktop in island. Huge covered back porch with extended stone pavers and fire pit. Professional landscaping and irrigation systems in front and back yards. Home is on lovely, safe, cul-de-sac street. Access to Norchester community center, pool and tennis courts with modest membership fee. Great Cy-Fair schools, minutes from Vintage Park, restaurants, YMCA, with easy access to the Beltway, Grand Parkway, and 290. Fridge, washer and dryer available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017