1058 Russell Road
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Relisted | $279,900 | |
| Relisted | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by eXp Realty | $369,000 | |
| Listed by eXp Realty | |||
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Enjoy peaceful living at 1058 Russell Rd, set across from the Westfield River and just 5 mins to Westfield State University. This flexible 2-family home is used as a single-family with a great room layout and a large basement for expansion. Renovated kitchen (2021) with quartz counters and LG stainless steel appliances (2022), plus updated baths (2021, 2023, 2024). Samsung washer/dryer (2021), new hot water tank, and excellent insulation—rarely needs A/C. Huge garden out back produces fruits and veggies all season. Exterior updates (2025): resurfaced gravel driveway, paver walkway, cleaned roof/gutters. New electric panel (2023). Well pump, valves, and wiring replaced (2022); two new sump pits and pumps (2021). Quiet neighborhood with friendly neighbors. Close to Mass Pike, hiking trails, groceries, restaurants, and shopping. A well-maintained, versatile home in a scenic and convenient location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017