1 Rustic Drive
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 |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | In contract | - | |
| In contract | |||
| Jul 11, 2023 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 27, 2023 | Listed by Keller Williams Realty - Washington Township | $499,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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This listing is coming soon with showings to begin on June 27th, 2023. Beautiful 4 bedroom ranch style home with 2 full bathrooms in the heart of Howell Township, minutes from the great shopping and dining on route 9. Enjoy low electric bills with solar panels in place on the home. Multi zoned central air, hardwood flooring, gas fireplace and parking for 6 cars in the driveway. Motivated sellers! Come take a look at this commuter's dream!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017