2605 Rusting Creek Drive
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | Listed by LPT Realty, LLC | $375,000 | |
| Listed by LPT Realty, LLC | |||
| May 18, 2020 | Sold | ||
| Sold | |||
| Apr 12, 2020 | Listed by RE/MAX Westside, REALTORS | $264,500 | |
| Listed by RE/MAX Westside, REALTORS | |||
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Beautiful single story,well maintained home in the masterplanned community of Shadow Creek Ranch. Light and bright open concept with so many extra features! Multimedia wiring embedded in living room walls for clean finish.Surround sound wired(all speakers included)in living room with pre-wiring in backyard patio.Study can convert to optional 4th bedroom (with closet).SS GE appliances,refrigerator stays.Granite countertops in Kitchen with upgraded sink faucet,walk in pantry and additional extra large cabinetry for kitchen storage.Brick upgrade around home with HOA maintained brick wall in back.Extended garage (2.5) for additional storage space.Pest control system embedded in home walls with Home Team Pest (no need to enter home for spraying,safer for children)Carbon monoxide monitor connected to alarm system. Convenient to commuting routes,Alvin"A"rated schools, restaurants and shopping.20 minutes from DT, Reliant Stadium and the renowned MedCenter.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017