204 Millpond Drive
About This Property
Some homes simply feel different the moment you walk in and this beautifully sized two story home in the desirable Millrun subdivision is one you'll want to experience in person.
Offering approximately 2,470 square feet, 4 bedrooms, and 3.5 baths, this home provides a comfortable layout with something especially hard to find: Bedrooms feature their own full bath, offering privacy and convenience for family members or guests alike.
The kitchen is designed for both everyday living and gathering, featuring granite countertops and a breakfast nook that creates a cozy spot for morning coffee or casual meals. A versatile sitting room adds even more flexibility to the floor plan and could easily become a home office, reading room, playroom, second living area, or whatever best fits your lifestyle.
But perhaps one of the home's most inviting features is waiting just outside. The covered back patio overlooks the pond, creating a peaceful backdrop that is hard to appreciate until you see it for yourself. Imagine starting the morning with coffee overlooking the water, gathering with friends for an evening outdoors, or simply sitting back at the end of the day and enjoying the quiet.
The established Millrun community offers a peaceful neighborhood setting along with access to the neighborhood clubhouse and pool, giving you amenities to enjoy without leaving home.
Located within Pine Tree ISD, the property also offers convenient access to grocery stores, shopping, dining, and everyday necessities.
There are plenty of ways to describe this home, but the setting and the way the spaces come together are something photographs simply can't fully capture. Come see the pond view, walk the floor plan, and experience the feel of the home for yourself. This may be one you'll understand the moment you step inside.
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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 |
|---|---|---|---|
| Sep 13, 2026 | Price Decreased |
$365,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by TX Real Estate Queen & Company | $370,000 | |
| Listed by TX Real Estate Queen & Company | |||
| Jan 9, 2019 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Price Decreased |
$232,500
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Jan 12, 2018 | Listed | $237,500 | |
| Listed | |||
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Wonderful home on the water, near the club house & swimming pool. This 2 story home has a downstairs master w/ private bath, formal dining, island kitchen w/ breakfast area, den w/ fireplace & half bath under the stairs. The upstairs has so much potential w/ 2 bedrooms (each w/ a bath), large family room w/ a fireplace, siting area w/ built-ins & bonus space that can be another living area, office space, play room or what ever you may need. You can fish right off the covered patio or relax & enjoy the view. The manager has listed the unit size as 2470 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017