39 Rustic St #1
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%.
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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 17, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Keller Williams Realty Signature Properties | $649,000 | |
| Listed by Keller Williams Realty Signature Properties | |||
| | |||
|
Welcome home to 39 Rustic, a little slice of commuter heaven in what’s known as the Nonantum village of Newton. Located on a tree-lined, dead-end street, only a mile to the Mass Pike, you’ll be impressed with the many amenities available in the neighborhood, including adjacent Forte Park with direct access to the Charles River Pathway. This 2 bed, 2 bath bi-level unit was recently renovated in 2016 and boasts an open concept kitchen/living area with generously sized island, 5-burner gas stove, stainless steel appliances and granite counter tops- a perfect space for entertaining! Additional bonuses include in-unit washer/dryer, central air, extra storage, back deck w/exclusive use, 2 deeded driveway spots and large shared backyard. A wonderful opportunity in one of Newton's most desirable communities!
| |||
| Sep 16, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by Compass | $559,000 | |
| Listed by Compass | |||
| Jul 29, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2022
|
2 Bed
|
2 Bath
|
1489 ft²
|
$649,000
2 Bed
2 Bath
1489 ft²
|
$689,000
+6.16%
06/17/2022
|
Ellen & Janis Team
Compass
| |
|
02/16/2022
|
3 Bed
|
2 Bath
|
1608 ft²
|
$749,000
3 Bed
2 Bath
1608 ft²
|
$865,000
+15.49%
04/14/2022
|
Andrea Mongeau
Keller Williams Realty Signature Properties
| |
|
03/31/2020
|
2 Bed
|
2 Bath
|
1463 ft²
|
$559,000
2 Bed
2 Bath
1463 ft²
|
$575,000
+2.86%
09/16/2020
|
Daniel Sharry
Compass
| |
|
05/08/2019
|
2 Bed
|
2 Bath
|
1463 ft²
|
$539,000
2 Bed
2 Bath
1463 ft²
|
$539,000
07/29/2019
|
Terry Sack
Keller Williams Realty
| |
|
06/22/2016
|
3 Bed
|
2 Bath
|
1656 ft²
|
$599,000
3 Bed
2 Bath
1656 ft²
|
$600,000
+0.17%
08/16/2016
|
Matthew Schuster
360 Realty LLC
| |
|
06/15/2016
|
2 Bed
|
2 Bath
|
1341 ft²
|
$479,000
2 Bed
2 Bath
1341 ft²
|
$472,000
-1.46%
01/11/2017
|
Corey Bashaw
Access
| |
|
05/06/2015
| |
4 Bed
|
2 Bath
|
1592 ft²
|
$630,000
4 Bed
2 Bath
1592 ft²
|
$605,000
-3.97%
07/14/2015
|
Lorraine Salvucci
Carley Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017