3938 Millbrook Drive
About This Property
You have to come see the home to see firsthand its beauty and future for your family home.
All information and utilities or specifications to be verified by buyer. The listing agent is married to seller. With an acceptable offer seller will negotiate a paint and carpet allowance.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Price Decreased |
$219,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$229,000
↓ $4K
(1.5%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by Trinity Ranch Land Cross Plains | $232,500 | |
| Listed by Trinity Ranch Land Cross Plains | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017