603 Rutledge Court
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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%.
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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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | No longer available | - | |
| No longer available | |||
| Sep 3, 2024 | Listed by The McKellar Group | $384,500 | |
| Listed by The McKellar Group | |||
| | |||
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Pristine custom built home located on a cul-de-sac surrounded by luscious landscaping maintained by master gardener. Breathtaking views of the pond and golf course through the large windows and patios. Contemporary style home with 4 bedrooms, 3.5 baths, primary bedroom downstairs, sitting room, formal dining room and living room with floor to ceiling windows.. Windows replaced 2018 along with beautifully updated master bath and half bath. Stained glass door in family room was added plus kitchen appliances. Huge kitchen with granite countertops is open to living area. Oversized garage with room for golf cart and extra storage with sink in garage. Portable generator, DuroMax XP13000X, and transfer switch installed. River Plantation is a picturesque neighborhood with memorable carriage house style entry and large shade trees throughout the neighborhood. Community amenities: pool, pickle ball court, disc golf, playgrounds, 2.5 miles of walking trails, a country club & greenspace!
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| Jul 30, 2024 | Price Decreased |
$384,500
↓ $5K
(1.3%) | |
| Price Decreased | |||
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About River Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017