101 Rainbow Trail
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 25, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Relisted | $352,000 | |
| Relisted | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed by KW Platform | $430,000 | |
| Listed by KW Platform | |||
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This charming 2,160 sq. ft. home at 101 Rainbow Trail in Queensbury, NY, offers 6 spacious bedrooms and 3 modern baths, perfect for family and guests. The updated kitchen features granite countertops and stainless steel appliances, while brand-new flooring adds warmth and elegance throughout. Step outside to your private backyard oasis with a heated pool, ideal for relaxation and entertaining. The lower level includes a fully equipped in-law suite for added flexibility. Enjoy a two-car garage, smart home features, and proximity to Jenkinsville Town Park. With 18 hiking trails within 30 minutes and Six Flags Great Escape nearby, this home offers the perfect blend of comfort, convenience, and adventure.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017