27141 Millar Street
About This Property
The home's unique split layout offers two bedrooms and one bathroom on each side, with the kitchen and family room acting as the central hub. On one side, you'll find two bedrooms with ceiling fans, including one with an additional closet housing laundry hookups. They share a centrally located bathroom updated with a new vanity, toilet, and a freshly tiled walk-in shower. On the opposite side, two additional spacious bedrooms-also with ceiling fans-share a full bathroom featuring a new vanity, toilet, and a tiled shower/tub combination.
Recent upgrades include fresh interior and exterior paint, all new flooring, new kitchen countertops and island, new stainless steel appliances, and new mini blinds. The backyard is generously sized and features a large covered patio along with a versatile terraced yard and mature shade trees, offering plenty of space for relaxing, entertaining, or future possibilities.
Conveniently located near shopping, schools, and commuter-friendly freeway access, this home offers everyday comfort in a well-connected location.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017