2716 Millwood Drive
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Aug 10, 2023 | Listed by Keller Williams Central | $825,000 | |
| Listed by Keller Williams Central | |||
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Former Huntington model in coveted Heather Ridge Est, just few minutes to 190, easy walk to exemplary Plano elem. school and 400+ acre Breckinridge Park. Enjoy 6 bedrooms, 3 living areas, 3 car garage & swimming pool & spa; plenty of space [and fun] for everyone! Features incl. dramatic 2-story Entry with curved staircase with wooden stairs & iron balusters, tall ceilings, lots of natural light, modern color palette, plantation shutters AND hardwood floors throughout, no carpet! Plus 1st floor primary bedroom & 1st floor home office, spacious family room with wall of windows to the beautiful & private backyard & second staircase for added convenience. Kitchen is both functional & beautiful, with tons of white cabinets, granite counters, SS appliances incl. convection oven & downdraft cooktop, plus Butler's pantry. 6th Bedroom can be Media room. See MLS for full list of Improvements. Enjoy easy access to highways, CityLine, Firewheel; only 25 minutes to downtown. Move in, relax & enjoy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017