70 Rust St
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 |
|---|---|---|---|
| Jun 15, 2012 | Sold | ||
| Sold | |||
| Mar 5, 2012 | Listed by Sterling Lion, LLC | $400,000 | |
| Listed by Sterling Lion, LLC | |||
| Jul 26, 2007 | Sold | ||
| Sold | |||
| Dec 9, 2006 | Listed by Keller Williams Realty Evolution | $449,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Total renovation including new 2nd story underway. Buy now to assure your input for kitchen and bath finishes. Stainless appliances, granite counters, eat in kitchen. Tray ceiling in Master Bedroom. Two full baths. Fireplaced living room with hardwood floors. Great walk to town, school, library and parks location in family freindly neighborhood. Dead end street. Nice size, enclosed backyard. Title V approved, new septic tank. Completion anticipated late June/early July.
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| Dec 6, 2006 | Sold | ||
| Sold | |||
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