485 RUGBY Road
About This Property
Ditmas Park, known for its tree-lined streets and historic homes, is a true Brooklyn gem. This property reflects the area's timeless appeal with its beautiful facade and cozy wood-burning fireplace. Featuring a shared driveway and detached garage, it combines comfort and functionality.
Spanning three expansive stories, 485 Rugby Road is designed for both elegance and practicality. Upon entry, you're welcomed by a charming front porch and a gracious foyer. To the left, two coat closets lead to a spacious living room. Straight ahead, the large dining room flows seamlessly into the kitchen, where rustic wood paneling reclaimed from a historic Amish barn in Pennsylvania adds warmth and character, creating a welcoming country-inspired retreat at the heart of the home.
The second floor features four spacious bedrooms (one currently used as a media room and another as a home office) and a full bath, providing ample space for family or guests. The third floor includes two additional bedrooms, a walk-in closet, and another full bath, offering privacy and tranquility.
The basement, accessed easily from the kitchen, is a true bonus with a washer and dryer, excellent storage space, and potential for customization. Whether for a home gym, office, or recreation room, the possibilities are endless.
Ideally located, this home offers easy access to Prospect Park, the vibrant energy of Cortelyou Road with its Sunday farmer's market, organic food co-op, lively shops, restaurants, and bars. Plus, with two equidistant subway stations-one express and one local-just 2 1/2 blocks away, commuting is a breeze.
Don't miss the chance to own this exceptional home in one of Brooklyn's most sought-after neighborhoods. Experience the perfect blend of historic charm, modern amenities, and suburban comfort - welcome to 485 Rugby Road!
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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 |
|---|---|---|---|
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed by Corcoran Group | $1,900,000 | |
| Listed by Corcoran Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017