268 Miller Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 31, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2025 | Listed by Platinum Realty Estates | $800,000 | |
| Listed by Platinum Realty Estates | |||
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Polished, perfected, and well located! Nothing to do but move right into this fully renovated Colonial with four bedrooms, two full bathrooms, and an oversized, one-car detached garage situated on a landscaped corner lot just minutes to the beach! This home features all new electric, plumbing, windows, siding, roof, doors, and molding, along with an extended blacktop driveway and a new boiler and hot water heater.
From the large front porch, step inside to a light and bright interior with beautiful hardwood floors, a cool, neutral color scheme, recessed lighting, and lots of natural light. The foyer opens to a large living room flowing to an open dining area with a sleek gas fireplace. The kitchen is equipped with quartz counters, chic tile backsplash, new stainless steel appliances, and plenty of counter and cabinet space. Off the kitchen there is a pantry and a new full bathroom. A small bonus room could serve as a convenient home office, and the large family room has sliding glass doors to the patio in the large, fully fenced back yard – the perfect setting for warm weather cookouts and gatherings.
The second floor encompasses the primary bedroom with a walk-in closet, three additional bedrooms, and a new full hall bathroom. The pristine unfinished basement offers ample storage space and vast possibilities.
This home is ideally located close to Jones Beach Inlet, as well as local fishing, parks, waterfront activities, and the Freeport Recreation Center with an outdoor pool, indoor athletic spaces, and an ice-skating rink.
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| Mar 22, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | No longer available | - | |
| No longer available | |||
| Feb 17, 2023 | Relisted | $775,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017