29966 Miller Road
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | Listed by Biggs Real Estate Professional | $1,100,000 | |
| Listed by Biggs Real Estate Professional | |||
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Looking for a Spacious Ranch Property where you feel connected to the earth, can grow your own food, raise animals, and have an abundance of well water? WELCOME to 29966 Miller Road, a private gated ranch-style property offering two separate living structures, a TOTAL of 6 Bedrooms and 3.5 Bathrooms, a detached studio and approx 2.79 ACRES. The long driveway is an access road and runs the full length of the East side of the property to the back side. A semi-circular roundabout is at the front entrance. The main home features 4BD, 2.5BA, perfect for a growing family. Recently remodeled, the Kitchen is absolutely BEAUTIFUL, with granite countertops, a Center Island, 2 Refrigerators & newer Stainless Steel Appliances.Adjacent to the kitchen, is one half-bathroom, an inside laundry room with a sink and a downstairs storage area with ample shelving.There is a Library off the back of the Kitchen with a wood burning fireplace and patio just outside. The Family Room is the heart of the home with a large stone, wood-burning fireplace, open beam ceilings, and arched doorways. A unique feature of this home for animal lovers or breeders is 2 rooms, one large and one small, with individual cages (designed for cats). The Primary Bedroom is complete with a kitchenette, a walk-in closet with custom storage racks, shower, and its own electric stacked laundry machine. It has sliding glass doors that lead out to a covered patio. Three Bedrooms down the hall have good sized closets, with access to outdoor patios. They share a hallway bathroom with 3 Sinks, and a stand up tile shower. The main house includes a two-car Garage and attached workshop. The Detached Studio would be perfect as an art room, private gym or hangout. There is a detached apartment with a Kitchen, 2BD, a living room, bathroom & laundry area. Another small garage is just outside for storage. Gardening enthusiasts will appreciate the raised planter beds scattered throughout the property. The back of the property has a large Concrete pad equipped to hold 2 RV's with full hookups. There are old outbuildings, and a substantial 5,000-gallon water tank connected to a 1,250 foot deep well, ensuring a reliable & affordable water supply. Trees include: apples, fig, kumquats, pears, pomegranates, dragon fruit, Goji berries, orange, tangerine, lime, lemon, and grapefruit. The property has multiple patios & shaded sitting areas. It's close to town and schools.It needs some TLC and is an open landscape to make your own!
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| Mar 5, 2014 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Listed by Krueger Realty | $559,000 | |
| Listed by Krueger Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017