166 RUTLAND Road
About This Property
Up the dog-legged front stoop, you enter the impressive parlor floor with its high ceilings, bay windows, 2 working fireplaces, and remarkable original woodwork. The spacious kitchen has been smartly relocated to the center parlor and from here you can access the deck and south garden. There is a formal dining room at this level as well. The garden has lovely plantings and even a goldfish pond.
The top floor has 3 bedrooms and 2 baths, the primary bedroom having an en-suite bath and a separate dressing room. On the roof are solar panels, keeping your electricity costs at a minimum. There is great space in the finished basement with its den/media room, playroom, home-office, laundry, and excellent storage.
Located in the landmarked neighborhood of Lefferts Manor, this beautiful home is close to Prospect Park, the Zoo, the Carousel , the new ice-skating rink, the Brooklyn Botanic Garden, and the area's newest restaurants and shops. All just a few blocks from the B/Q/2/5 trains for a convenient commute into Manhattan.
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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 29, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Brown Harris Stevens Brooklyn LLC | $2,280,000 | |
| Listed by Brown Harris Stevens Brooklyn LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017