8034 Milliken Avenue
About This Property
Imagine the Possibilities with room to add a Pool or an ADU or both!
Step inside to enjoy a bright and airy open floor plan featuring central air and heating, along with dual-pane vinyl windows for energy efficiency and comfort year-round. Whole House Fan and Ceiling Fans keep the air moving and save on electricity year-round. AC unit and Water Heater replaced in the last 5 years. Includes a 200-amp Service Panel.
One of the home's standout features is its lush backyard, which is a true gardener's paradise. Boasting 16 varieties of fruit trees, you'll enjoy a bounty of fresh produce right at your fingertips. Harvest your own Naval and Valencia oranges, Lemons, Grapefruit, Avocados, White and Yellow Peaches, Pomegranates, Yellow and Red figs, Apricots, Plums, Apples, and even Red Grapes!
With its perfect blend of indoor comfort and outdoor abundance, this home is a rare find in the desirable Michigan Park neighborhood. Don't miss this opportunity to make it yours!
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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 4, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Keller Williams Realty | $999,950 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017