18232 Miller
About This Property
The home welcomes you with a bright and spacious living room featuring a cozy fireplace, new flooring, recessed lighting, and fresh interior paint. The living room flows seamlessly into the dining area and a beautifully remodeled kitchen, complete with new cabinets, quartz countertops, a new stove, updated lighting, and a convenient breakfast nook.
The bedrooms have also been thoughtfully updated with new flooring, fresh paint, ceiling fans/light fixtures, and comfortable living spaces. The primary bedroom provides additional privacy and comfort.
One of the property's standout features is the oversized garage, offering excellent potential for conversion to a Junior ADU, subject to applicable permits and approvals.
The large backyard is full of possibilities. With access from both Laguna Pl and Miller Avenue, the property offers exceptional flexibility and abundant parking. You can easily accommodate multiple vehicles in the rear yard, making this property especially appealing to contractors, landscapers, truck drivers, or anyone who needs additional parking or workspace.
Looking toward the future, the spacious lot may also offer the possibility of adding a separate ADU, subject to city approval, with the added advantage of potentially having its own separate entrance from Laguna Street.
Additional features include central air conditioning, updated finishes, abundant parking, and tremendous potential for future expansion or additional living space.
This is truly a must-see property-come explore the possibilities and make it yours!
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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 |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Relisted | $595,000 | |
| Relisted | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by PROSPERA REALTORS | $595,000 | |
| Listed by PROSPERA REALTORS | |||
| Jun 26, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017