401 Rutland Rd #2D

Condo in Wingate
Active
 for Sale at 401 Rutland Road, Brooklyn, NY 11203

Open House: Sun Mar 26, 11AM - 12:30PM

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 for Sale at 401 Rutland Road, Brooklyn, NY 11203
 for Sale at 401 Rutland Road, Brooklyn, NY 11203
 for Sale at 401 Rutland Road, Brooklyn, NY 11203
$375,000
$20K (5.1%)
Stu
1
Bath
Half Bath
359
Ft²
$1,045
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
6.02%
Est. Monthly
$2,233
Up to 97% financing and/or down payment assistance available.Low Taxes!  421a Abatement in place.Immediate closings - lock into a fixed rate and avoid staggering rent increases! Now over 80% occupied.Residence 2D in The Rutland is a meticulous studio layout!The homes at 401 Rutland have been exquisitely designed by the famed architect Karl Fisher.  At 401 Rutland he created both a timeless and modern aesthetic finding just the right balance between new construction and staying true to the area's historic nature, townhomes and tree-lined blocks.  As you walk in, you will first notice the over-sized, double-paned Schuco windows, providing plenty of sun while keeping the interiors insulated and the distinctive 7" wide...

Building Features

Facilities

Bike RoomFitness CenterStorage AvailableLaundry Room

Outdoor Space

Roof Deck

Laundry

Washer / Dryer Allowed

Ownership & Occupancy

Pied-à-Terre Allowed

Home Features

HVAC

Central A/C

Price History

Date/EventEventPrice
Nov 11, 2022 Price DecreasedPrice Decreased$375,000 $20K (5.1%)
Jul 11, 2022 Listed by MNSListed by MNS$395,000
Mar 26, 2021 No longer availableNo longer available-
Feb 6, 2020 Listed by EllimanListed by Elliman$395,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$27,264
ExpensesPer Year
$4,700
Operating ProfitPer Year
$22,564
Cap rate
6.02%

Price Estimate

$431,000$369,203$307,407
20222023202420252026
Current Asking Price

$375,000

HopScore Market Price

$369,203

The current asking price is $5,796.42 above the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Condo
Stu
1
361 ft²
$1,105/ft²
$399,000
$399.92/mo
Sold
Condo
Stu
1
343 ft²
$1,035/ft²
$355,000
$176/mo
Sold
Coop
1
1
-
$359,000
$813/mo
Sold
Coop
1
1
-
$360,000
$826/mo
Sold
House
5
2
-
$366,660
$269.33/mo

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Building Info

The Rutland401 Rutland Road, Brooklyn, NY 11203
  • 3 Units for Sale
More about this Building
401 Rutland Road
Want to find out who owns 401 Rutland Road, Brooklyn, NY 11203? Get detailed property transactions here .

Neighborhood

About Wingate

Stats & Trends

The median asking price in Wingate is $750,000.
  • Median Asking

    $750,000
  • Sale Price/ft²

    $667.81
  • Below Asking

    0.02%
  • Days on Market

    104

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
Stu
1
359
$395,000
-/mo
Jul 11, 2022
Active
-
-
-
-
2
1
764
$780,000
$858.31/mo
Feb 2, 2022
Sold
Nov 17, 2022
288 days
$796,781
+2.15%
1
1
526
$595,000
$580.22/mo
Feb 2, 2022
Sold
May 2, 2022
89 days
$605,859
+1.83%
1
1
508
$603,822
$560.54/mo
Jul 29, 2021
Sold
Dec 16, 2021
140 days
$603,822
-
2
2
918
$875,000
$1,065.12/mo
Jul 8, 2021
Sold
May 10, 2022
306 days
$960,210
+9.74%
1
1
508
$555,000
$560.54/mo
May 27, 2021
Sold
Oct 25, 2021
151 days
$646,589
+16.50%
2
2
764
$750,000
$858.31/mo
May 12, 2021
Sold
Mar 25, 2022
317 days
$752,487
+0.33%
Stu
1
361
$410,000
-/mo
Apr 14, 2021
Sold
Sep 5, 2022
509 days
$399,000
-2.68%
-
1
1
489
$480,000
$534.33/mo
Mar 26, 2021
Sold
Oct 22, 2021
210 days
$496,860
+3.51%
2
1
765
$765,000
$913.87/mo
Mar 26, 2021
Sold
Mar 15, 2022
354 days
$778,961
+1.82%

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Unit #2D, 401 Rutland Road, Brooklyn, NY 11203


Frequently Asked Questions

What is the median home price in Central Brooklyn?
The median home price in Central Brooklyn is $750,000, or $587/sqft. When you buy a home in Central Brooklyn, you can expect to pay between $470,000 to $1,250,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Central Brooklyn?
The median home price for a studio in Central Brooklyn is $895,000, or $472/sqft.
What is the median home price for a One-Bedroom in Central Brooklyn?
The median home price for a one-bedroom home in Central Brooklyn is $430,000, or $708/sqft.
What is the median home price for a Two-Bedroom in Central Brooklyn?
The median home price for a two-bedroom home in Central Brooklyn is $625,000, or $655/sqft.
What is the median home price for a Three-Bedroom in Central Brooklyn?
The median home price for a three-bedroom home in Central Brooklyn is $750,000, or $605/sqft.
What is the median home price for a Four+ Bedroom in Central Brooklyn?
The median home price for a four+ bedroom home in Central Brooklyn is $1,350,000, or $522/sqft.
What is the breakdown of listings by bedroom count in Central Brooklyn?
There are currently 674 available properties for sale in Central Brooklyn. Of those, 12.31% are studio listings, 23.00% are one-bedroom listings, 20.62% are two-bedroom listings, 12.61% are three-bedroom listings, and 31.45% are four+ bedroom listings.
What is the breakdown of listings by property type in Central Brooklyn?
There are currently 183 condos, 77 houses, 130 townhouses, and 113 multifamilies located in Central Brooklyn. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Central Brooklyn?
The least expensive property sold in Central Brooklyn for $2,400.
Now, what is the most expensive property sold in the past 12 months in Central Brooklyn?
The most expensive property sold in Central Brooklyn for $55,000,000.
How long on average are properties in Central Brooklyn on the market?
Based on our collected data, properties in Central Brooklyn are on the market for a median time of 104 days.

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