26
Map
7318 Rutgers Drive
About This Property
Recent improvements include a newly poured driveway, updated front landscaping with new concrete pads, exterior paint, tankless water heater, privacy fence, wired speakers, and electric gate for added convenience and security. Wonderful patio space out the French doors overlooking a large grassy backyard, along with a spacious storage shed that is ideal for lawn equipment, bikes, and additional storage needs. Ideally located close to popular biking and walking trails, this move-in ready home combines thoughtful updates, timeless charm, and an exceptional location you won't want to miss!
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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 |
|---|---|---|---|
| Jun 23, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Listed by Compass RE Texas, LLC | $729,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017