104 Rainbow Valley TRL
About This Property
a bonus room perfect for a family room or media area. The home welcomes you with a charming covered front
porch, ideal for enjoying a quiet morning coffee. Impeccably maintained, the property boasts modern upgrades
throughout, including a sleek, contemporary look in both the kitchens and bathrooms. Inside, you'll find gorgeous
hardwood flooring in the living spaces, cozy carpet in the bedrooms, and tile in the bathrooms. The open floor plan
seamlessly connects the living room, dining area, and kitchen, all bathed in natural light from large windows. High
ceilings and recessed lighting create a bright and airy ambiance throughout the house. The expansive kitchen is a
standout with ample built-in storage, quartz counters, maple cabinets, a wine rack, an oversized island perfect for
entertaining, and stainless steel appliances including a built-in oven, microwave, gas cooktop, and dishwasher. The
family room features a wall of windows with sliding glass doors leading to the back patio, enhancing the connection
between indoor and outdoor living spaces. The spacious primary bedroom features high ceilings and an ensuite
bathroom with separated dual vanities, a soaking tub, an upgraded walk-in shower, and ample counter space.
Outside, relax on the covered back porch in the fenced backyard, equipped with a sprinkler system, all set on a
premium corner lot with serene views of trees and woods. Community amenities include 2 pools, a playground,
walking trails, a park, a gym, splash pad, and a recreation center. Don't miss the opportunity to make this stunning
home your own. Contact us today to arrange a tour and experience all this property has to offer.
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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 |
|---|---|---|---|
| Apr 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 12, 2026 | Listed by Keller Williams Realty | $699,999 | |
| Listed by Keller Williams Realty | |||
| Nov 12, 2024 | Delisted | - | |
| Delisted | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017