473 Miller Lane
About This Property
This build-ready lot is level and cleared, making it an excellent canvas for your custom home, or ranch-style retreat. With ample space for livestock, gardens, or recreational activities, this property is perfect for those looking to enjoy the Texas countryside without sacrificing modern conveniences.
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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 |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Relisted | $175,000 | |
| Relisted | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Ekdahl Real Estate STAMFORD | $175,000 | |
| Listed by Ekdahl Real Estate STAMFORD | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017