11 Rainbow Rd
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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Keller Williams Realty Evolution | $629,900 | |
| Listed by Keller Williams Realty Evolution | |||
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GREAT HOME!! Welcome to this charming Cape style home in Peabody! Brimming with potential, this spacious residence offers a unique opportunity for those looking to add their personal touch. The home features a generous layout with two main-level bedrooms and two VERY generous-sized bedrooms upstairs, perfect for accommodating a growing family or guests. The partially finished basement provides additional living space or can be transformed into a home office, gym, or playroom. Don't miss the chance to turn this gem into your ideal living space! The two bedrooms and living room on 1st floor have hardwood floors under the wall to wall carpeting!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017