1245 Millie Drive
About This Property
A rare highlight of this home is the approximately 350 sq ft sunroom full living space (In addition to the 1,392 sqft), offering a versatile and expansive space perfect for relaxing, hosting guests, or enjoying indoor-outdoor living year-round. This added living area enhances the home's functionality and sets it apart from others in the neighborhood.
The bedrooms provide comfortable, private retreats, while the bathrooms are tastefully maintained and thoughtfully designed. Step outside to a private backyard with room to unwind, garden, or gather with family and friends. RV parking adds exceptional convenience and flexibility-an increasingly hard-to-find feature.
With an unbeatable location, no comparable home in the community, and the added benefit of a low HOA of $60 YEARLY!, this property offers a rare blend of uniqueness, value, and lifestyle appeal. This is more than just a home-it's an opportunity to own something truly special.
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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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | Price Increased |
$420,000
↑ $10K
(2.4%) | |
| Price Increased | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Listed by PONCE & PONCE REALTY, INC | $410,000 | |
| Listed by PONCE & PONCE REALTY, INC | |||
| Dec 8, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017