316 Russ 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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Relisted | $350,000 | |
| Relisted | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Listed by HomeTowne Realty | $525,000 | |
| Listed by HomeTowne Realty | |||
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This contemporary plan located on a large secluded, wooded lot has been completely transformed with new interior paint, flooring throughout, plumbing and electrical fixtures, tile backsplash and granite countertops. Roof replaced in 2022. This unique floor-plan boasts tons of natural light, expansive space with unique secondary rooms the offer up a potential for a variety for different uses. Use the secondary loft for a craft room, office space or storage while the main loft open to the kitchen is perfect for a bonus or game room. The 500 square foot sunroom with large fireplace is located off the kitchen and perfect for additional living and dining space while looking out the windows at the beautiful, wooded view. The primary suite on the first floor has an abundance of storage with dual closets, while the secondary bedrooms upstairs are well lit and have an abundance of space. Bedroom 3 even has a neat loft with ladder for a reading nook. Schedule your showing today! Seller is licensed real estate agent and has never lived in the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017