511 Rustic Lane
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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Real Broker, LLC | $549,900 | |
| Listed by Real Broker, LLC | |||
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Oct 4, 2021 | Listed by All City Real Estate, Ltd. Co. | $469,900 | |
| Listed by All City Real Estate, Ltd. Co. | |||
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Better than new, lovingly maintained home with quick access to 360, 183 and DFW. The home features many upgrades, including a full security system with cameras, hardwired network, custom wood look tile floors throughout the main floor, irrigated raised beds for vegetables or flowers, and custom window treatments, all on a premium lot facing the greenspace and guest parking lane. The open concept living, kitchen and dining areas are perfect for entertaining, highlighted by a wall of windows. Lovely owners' suite and secondary bedroom with ensuite bath are down; bedroom, bath and game room up. The slab foundation is fully piered for stability, with lifetime warranty. Two refrigerators and more convey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017