21
Map
953 Miller Lane
About This Property
FEATURES SPACIOUS BEDROOMS, TERRAZO FLOORS, PLENTY OF WINDOWS THROUGHOUT, 12X27 FOOT LIVING ROOM, FAMILY ROOM OFF KITCHEN WITH SLIDING DOORS LEADING OUT TO 18X20 FLORIDA ROOM AND REAR YARD, OVERSIZED 2 CAR GARAGE MEASURES 20 FT WIDE BY 33FT DEEP! BIG ENOUGH TO ACCOMODATE 4 COMPACT CARS! SITS ON 1/2 ACRE CORNER LOT WITH MATURE OAKS OFFERING PLENTY OF SHADE. ELECTRIC AND CENTRAL A/C HAVE BEEN UPDATED IN LAST 6 YEARS. NEEDS NEW ROOF, PLUMBING IS ORIGINAL CAST IRON. HOUSE IS ON WELL AND SEPTIC BUT CITY WATER IS AVAILABLE!
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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 | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Relisted | $449,000 | |
| Relisted | |||
| Apr 11, 2025 | Price Increased |
$449,000
↑ $9K
(2.1%) | |
| Price Increased | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Indian River Groves and Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017