561 Rutherford Drive
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Real Broker NY LLC | $699,000 | |
| Listed by Real Broker NY LLC | |||
| | |||
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Welcome to your dream home nestled in the heart of a charming neighborhood! This spacious expanded ranch boasts comfort, style, and functionality at every turn. As you step through the front door, you're greeted by an inviting open floor plan that seamlessly connects the living, dining, and kitchen areas. Natural light pours in through large windows, illuminating the newly refinished floors and freshly painted interior, creating a warm and welcoming ambiance. The updated kitchen features modern appliances, ample cabinet space, and sleek countertops. Whether you're hosting a dinner party or preparing a family meal, this kitchen is sure to delight. With two bedrooms on the main level and an additional bedroom upstairs, there's plenty of space for everyone to spread out and relax. The full finished basement adds even more versatility to the home, providing a cozy retreat for movie nights or a home gym, along with a convenient laundry room and full bathroom. Outside, enjoy the privacy of the mid-block location while still being close to everything the neighborhood has to offer. The upgraded 200 amp electrical panel ensures peace of mind, while the new roof provides added durability for years to come. Plus, with central air conditioning, you'll stay cool and comfortable no matter the weather. Located in Plainedge school district, this home offers the perfect blend of convenience and modern updates.
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| May 15, 2024 | Listed by Real Broker NY LLC | $699,000 | |
| Listed by Real Broker NY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017