70 Rustic Road
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 |
|---|---|---|---|
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | In contract | - | |
| In contract | |||
| Jul 5, 2023 | Price Decreased |
$699,900
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Jun 15, 2023 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Jun 8, 2023 | Listed by IBR of RI, LLC | $749,900 | |
| Listed by IBR of RI, LLC | |||
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Welcome home to this completely renovated entertainer’s dream. From the sun drenched rooms, to the freshly appointed kitchen, and most certainly to the expansive deck over(850sqft)featuring trek planks and a new wire railing system which perfectly highlights the stunning water views. The chef of the family will appreciate the bright kitchen featuring a farmer’s sink, top of the line GE Cafe appliances including fridge, Advantium oven/microwave for double ovens, dishwasher, 2-drawer under counter beverage fridge. The honed, leathered granite and quartz countertops are highlighted by the under cabinet lighting. New bamboo hardwoods and tile foyer are the perfect compliment to the freshly painted bright walls. The first floor features an oversized living room with electric fireplace feature wall and mantle, bonus room/dining room with slider to the deck, half bath, and library area complete with built in bookcases and desk with walnut tops and wood burning fireplace.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017