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3487 Milburn Avenue
About This Property
Beautiful front pavers and stately columns give this spacious 2,395-square-foot Splanch great curb appeal. Inside, you will find an entry hallway with a half bath, Formal Dining Room and Kitchen with a breakfast nook that opens to Family Room. A wood-burning FIREPLACE anchors the family room and sliding doors lead to the backyard. A striking wide staircase rises up from the Family Room to the Formal Living Room, creating a grand entrance to space made for entertaining.
A versatile first-floor room can serve as a home office, exercise room, or additional bedroom. Upstairs, the flexible layout offers the potential for 5 generously sized bedrooms, including a primary suite with its own full bath, as well as a hallway full bathroom. The Basement provides a laundry area and extra storage, and the roof and windows were replaced approximately five years ago.
Move right in and make updates at your own pace. Bring your ideas and choose the finishes that fit your style!
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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 |
|---|---|---|---|
| Nov 3, 2026 | Listed by Sailing Home Realty of L I LLC | $729,000 | |
| Listed by Sailing Home Realty of L I LLC | |||
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About Baldwin Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017