51 Rustic Street
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 23, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | In contract | - | |
| In contract | |||
| Apr 13, 2023 | Listed by RE/MAX Preferred Properties | $589,900 | |
| Listed by RE/MAX Preferred Properties | |||
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Introducing this charming single-family home, tucked away in a quiet Newton neighborhood. This two bedroom property is a great condo alternative and offers two levels of living space. The property has been maintained, offering some updates that have been completed throughout parts of the home. Roof was re-done in 2016, windows installed in 2013, & the full bathroom has new tiling. There is a living room, dining room, and eat-in kitchen with a full bathroom located on the first floor. The two bedrooms, similar in size, are located on the second level. Enjoy the warmer New England months, lounging on the back deck, which overlooks the large fenced in backyard. The outdoor space is truly an oasis, with lush greenery and endless opportunities! In close proximity to public transportation (express bus), major highway access, public schools, park/bike trails, shopping, and more!
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| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 8, 2022 | Listed by RE/MAX Preferred Properties | $624,900 | |
| Listed by RE/MAX Preferred Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017