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2718 Millbrae Way
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%.
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed by KW Bay Area Estates | $1,398,000 | |
| Listed by KW Bay Area Estates | |||
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Fully remodeled and move-in ready, this north-facing single family home is located on a quiet street in the well-established Evergreen neighborhood. The open layout connects the living, dining, and kitchen areas, making the space practical for both everyday living and gatherings. Hardwood floors run throughout, and upgrades like smart tankless toilets and Italian tiles in the bathrooms, natural stone fireplaces, energy efficient windows, and a brand-new roof offer added value and comfort. In the relaxing backyard, you will find mature pomegranate, lemon, orange, apple, and fig fruit trees, alongside rose bushes and other plants. You'll have quick access to 680 and 101, and be within close reach of major employers like Google, Apple, and Tesla. Evergreens highly rated schools, local parks, trails, shopping, dining, and community favorites like Evergreen Village Square and the public library are all nearby. A two-car attached garage and a quiet street location complete the package.
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| Jun 2, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by RE/MAX Gold | $750,000 | |
| Listed by RE/MAX Gold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017