5928 Rustic Wood Lane
About This Property
Cooking is a pleasure in the functional-layout kitchen complete with stainless appliances, pantry, butcher-block center island, bar with additional seating, abundant counter & cabinet space. The luxurious primary suite features a double tray ceiling and an updated bathroom straight of out a designer magazine... double-sink, quartz-topped vanity, separate water closet, walk-in closet and the sumptuous, rainhead, over-sized tile shower you've dreamed about. Enjoy leisurely morning coffee on the deck while soaking in the peaceful serenity of the backyard or host friends and family for an afternoon of BBQ and fun. Other features/updates include, a gas fireplace in the family room, 2-inch blinds, fresh paint inside and outside, new carpet, encapsulated crawlspace, tankless and recirculating H2O heater, refinished hardwood floors. Roof - 2020. HVACs - 2020. Refrigerator, washer and dryer convey. Neighborhood amenities include a pool, tennis/pickleball courts, playground and community sidewalks for power walking or leisurely strolls.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Keller Williams Realty Cary | $550,000 | |
| Listed by Keller Williams Realty Cary | |||
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Apr 18, 2019 | Listed by Keller Williams Realty Cary | $292,500 | |
| Listed by Keller Williams Realty Cary | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017