612 S Mills Drive
About This Property
Both bathrooms have been thoughtfully remodeled with contemporary fixtures and spa-like finishes, creating serene retreats within your own home. Outside, discover a delightful bonus feature: a fully powered she shed-ideal as a home office, creative studio, or personal getaway. The large backyard provides ample space for outdoor fun, gardening, or hosting summer gatherings. Nestled in a friendly neighborhood with convenient access to schools, parks, and shopping, this home checks every box. With high-quality updates throughout and every detail carefully considered, this stunning property offers unbeatable value. Your dream home is here-don't miss it!
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$334,790
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$339,790
↓ $185
(0.1%) | |
| Price Decreased | |||
| May 12, 2025 | Listed by RE/MAX Dallas Suburbs | $339,975 | |
| Listed by RE/MAX Dallas Suburbs | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017