51 Rustlewood Rd
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 |
|---|---|---|---|
| Jul 29, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed | $1,475,000 | |
| Listed | |||
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When asked, “Why this house?”, the clear answer was and still is, “location”. Set in Milton’s desirable Columbine neighborhood, 51 Rustlewood offers proximity to Milton schools, Milton Academy, Turner’s Pond, and trolley access. Owners jumped right in, expanding to a rare 4-bedroom, 3.5-bath home with room for all. The coveted primary suite now includes a walk-in closet and sumptuous bath, choices smart and current. Expansion came easily with a complete 3rd floor takeover, including cathedral ceilings, recessed lighting, bedroom, full bathroom, lounge area and generous storage. A flexible first-floor office easily serves as a den or 5th bedroom. The eat-in kitchen with newer stainless-steel appliances opens to a fenced backyard and brick patio, perfect for play and outdoor entertainment. A screened porch off the living room, recessed lighting, newer windows, newer roof, gas heat, wired for EV, lower level recreation space complete the picture. Now the better question is, “Why wait?”!
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| Jun 6, 2014 | Sold | ||
| Sold | |||
| Apr 1, 2014 | Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. | $659,900 | |
| Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017