9531 MILLERS RIDGE
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 |
|---|---|---|---|
| Jun 15, 2022 | No longer available | - | |
| No longer available | |||
| May 28, 2022 | Listed by Patriot Real Estate Services | $299,990 | |
| Listed by Patriot Real Estate Services | |||
| | |||
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Multiple offers - Deadline to submit is 5/30 at 6pm Calling all backyard enthusiasts! This is the home for you! Complete with a pool, two storage sheds, fenced garden, and updated covered patio, you will have endless fun with this home. Two of the upstairs bedrooms have been combined to make a large game room but can easily be converted back to make this a 4-bedroom home. The air-conditioned patio is being used as a gym but is attached to the master bedroom and has tons of uses! The manager has listed the unit size as 1966 square feet.
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| Apr 28, 2020 | No longer available | - | |
| No longer available | |||
| Apr 10, 2020 | Price Decreased |
$200,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Mar 17, 2020 | Price Decreased |
$210,000
↓ $5K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017