290 Rutherford 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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by RE/MAX Vision | $335,000 | |
| Listed by RE/MAX Vision | |||
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Fire damaged home creates opportunity for possibly two new homesites. Beautiful meadows, stone walls, open sunny land, enough road frontage (~810') and acreage (13+ Acres) to split into two buildable lots awaits someone looking to build and possibly an investment project down the road. Developers, this could also be of interest to you! Passed Title V 7/25, 3-Bedroom Septic w/ new D-Box (2025) and replaced tank (1997). A well is also on the property! An additional, detached, undamaged 2 car garage makes for a perfect storage unit while building. Oakham fire dept. saved the home but there is excessive smoke damage. The home could possibly be salvaged by gutting & redoing. No fire retardant foams were used per Chief. (An attached garage & breezeway were destroyed.) All information needs to be verified by the buyer. Buildings, septic, well, driveway and land are being sold AS IS, WHERE IS. The "neighbor" across the street is 65+ acres of DCR land! This is a must see! Must make appt.
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| Jan 10, 2014 | Sold | ||
| Sold | |||
| Aug 6, 2013 | Listed by Cirelli Real Estate | $374,500 | |
| Listed by Cirelli Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017