2 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 |
|---|---|---|---|
| Jul 25, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2024 | Listed by Coastal Point Properties LLC | $429,000 | |
| Listed by Coastal Point Properties LLC | |||
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Contractor Special South of Route 28 in W. Yarmouth, being sold AS IS. Failed Septic, property is in need of repair.
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| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed | $349,900 | |
| Listed | |||
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Watch the TV show about hoarders? Well I've got one for you. This home is full to the brim with crap and if you buy it you'll get the whole thing (treasure in there?). Nice location south of 28 on a large corner lot the 3 bedroom year round ranch has a newer roof, recent shingles, split A/C in L/R and newer heating system. Otherwise it's a mess and along with the cleanout will need new windows, kitchen, bath, flooring and septic. Sold totally ''as is''. A project but priced accordingly for the work required.
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