292 Milam Creek DR
About This Property
Inside, the main living areas are bright and open, with wide sightlines and abundant natural light enhancing the home's airy layout. The living room has two-story ceilings and connects seamlessly to the kitchen and dining spaces.
The kitchen serves as the heart of the home, with ample cabinetry, ample counter space, and a large center island with bar seating. Thoughtful lighting and clean finishes add visual interest, while the open flow to the dining and living areas makes the space highly functional.
Near the front of the home, a flexible room offers the option to function as a private home office or a fifth bedroom, providing versatility to adapt to changing needs. Its separation from the main living areas makes it ideal for working remotely or hosting guests.
The primary suite is thoughtfully placed at the back of the main level, offering a comfortable retreat with plenty of natural light and a spacious ensuite bathroom with dual vanities, upgraded finishes, and a large walk-in shower.
Upstairs, a spacious game room anchors the second level and is paired with three secondary bedrooms and two full bathrooms, creating a functional layout that allows for separation of spaces while supporting everyday living and hosting.
A dedicated laundry room and a convenient powder bath on the main level add ease of use. Storage is well considered throughout the home with linen and hallway closets.
Out back, a covered patio extends the living space outdoors, overlooking a lush landscaped yard. It's an easy maintenance outdoor space ideal for all occasions!
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Cap Rate Calculator
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 26, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$509,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$524,900
↓ $25K
(4.6%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Bramlett Partners | $574,900 | |
| Listed by Bramlett Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017