8129 Milliken Avenue
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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%.
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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 9, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $899,000 | |
| Listed | |||
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This home is unlike anything you have seen in the Michigan Park neighborhood. The home was completely rebuilt but still maintains the charm of the area. This home features 5 bedrooms, 3 bathrooms, and 2 laundry rooms and a 3 car garage (which can be a 5 car if desired). The master bedroom is downstairs with a beautiful remodeled en-suite and large walk-in-closet. Details such as built-ins, bull-nosed walls, recessed lighting, and vaulted ceilings in the spacious kitchen make this home a total beauty. The light and bright home has hardwood floors throughout and ample storage space. Walk upstairs to 4 bedrooms, a large bathroom, a study/office nook, and second laundry room. The oversized garage and workshop also features an attached, finished bonus room with separate entrance and patio that opens up to a park-like backyard. Come see this big, beautiful home. It will not last! The manager has listed the unit size as 2505 square feet.
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| Jul 19, 2019 | Listed by Purunjian Inc. | $875,000 | |
| Listed by Purunjian Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017