3850 Millbrae
About This Property
Each Upgrade performed with meticulous care, Stainless Steel Kitchen, with upgraded tile, and breakfast bar allows for easy meals morning or night, or entertain as you gaze towards the fireplace in the family living space, or into the concrete patio and ample yard-space with room for RV parking to the side, upgraded concrete floors in the garage show absolute pride of ownership with work space to craft and tinker as you please, or store seasonal items as needed.
A Master Bedroom with large soaking tub has been carefully placed on the opposite side of the home from the two other bedrooms, forming a U shape with gated "Welcome" court before the front door in the center of the home, allowing the home to be made open on the temperate days to have air flow from the front of the home to the back through the sliding door to the rear-- a truly special place on a corner lot to breathe easy with some elbow room to spare.
A special gem.
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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 |
|---|---|---|---|
| Dec 24, 2017 | Sold | ||
| Sold | |||
| Nov 14, 2017 | Listed by PURPLEBRICKS REALTY INC. | $289,998 | |
| Listed by PURPLEBRICKS REALTY INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017