89 Rustic Avenue
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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Realty Connect USA L I Inc | $499,999 | |
| Listed by Realty Connect USA L I Inc | |||
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Welcome to 89 Rustic Ave, Medford, NY—a charming and impeccably maintained ranch tucked away in a peaceful, secluded development. This cozy 3-bedroom, 1-bathroom home offers a perfect blend of comfort, efficiency, and style, making it an ideal choice for first-time buyers, downsizers, or anyone seeking a move-in-ready retreat.
Step inside to find a wide open layout filled with natural light, vaulted ceilings, and additional versatile living space that can easily function as a formal dining room or den. The home includes a 1-car attached garage, a newer roof, updated pavers, new interior and exterior lighting, and a beautifully landscaped yard with mature privacy plantings and a brand-new in-ground sprinkler system.
Enjoy low-cost living with leased solar panels that keep electric bills well below $100/month, along with a newer oil tank, and recently updated plumbing for the heating lines. The home is also equipped with an up-to-date 150 AMP electric panel, as well as entry security system, providing modern convenience and reliability.
With nothing to do but move in and enjoy, 89 Rustic Ave offers incredible value and lasting comfort in one of Medford’s most tranquil neighborhoods. Don’t miss this opportunity—it won’t last!
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| Jan 11, 2017 | Sold | ||
| Sold | |||
| Dec 1, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017