775 Miller Road
About This Property
The layout spans three levels: the main level includes a living room, dining room, kitchen with breakfast nook area, and large windows to overlook the property. The lower level has an oversized family room with a gas fireplace, sunroom (unheated), and large flex space(plumbed for a bathroom) with an outside entry, and could be used for an office. The upper level features a primary suite with an ensuite full bath, three additional bedrooms, and a full bath in the hall. Step outside, and the property truly shines - overlooking gorgeous, cleared acreage with mature trees along the edges for natural privacy. Parking available: 2-car attached carport with additional open parking; plenty of room for a growing family and guests. This is the kind of property that rarely comes available - private, spacious, and move-in ready.
Included: washer, dryer, all appliances, and a full home water filtration system. The deck is 2 years old; the AC is 8 years old.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Listed by True North Realty | $775,000 | |
| Listed by True North Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017