696 Miller Avenue
About This Property
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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 |
|---|---|---|---|
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Sep 1, 2023 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Aug 1, 2023 | Listed by Douglas Elliman Real Estate | $749,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Beautiful Contemporary situated on a Canal in Freeport minutes from the Nautical Mile. This home boasts Four bedrooms (2 Primary Rooms with Baths), Three and 1/2 Baths. Open floor plan with soaring Ceilings, Granite Kitchen with amazing counter space. This home also includes Guest Quarters with scenic views of the canal. Plenty of room for an office if you are working from home. Low Flood Insurance for this home. Double decks overlook the canal. 1 car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017