1107 MOUNT RAINIER DR
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 |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | Price Decreased |
$499,000
↓ $31K
(5.9%) | |
| Price Decreased | |||
| Nov 28, 2024 | Listed by LPT Realty, LLC | $530,000 | |
| Listed by LPT Realty, LLC | |||
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Welcome to this stunning 6-bedroom, 4-bathroom home located in the heart of the highly desirable Castle Hills area. Offering a central city location, this property provides easy access to top-rated schools, restaurants, shopping, and major highways, making it ideal for convenient living. This home features an open floor plan designed for both comfortable family living and entertaining. The chef's kitchen is a standout with a large island, blue pearl granite countertops, soft-close drawers and cabinets, under-cabinet lighting, and a built-in coffee station. Natural light fills the home through bay windows and skylights, creating bright and inviting spaces, while light dimmers in the main rooms and primary bathroom allow for customizable ambiance. The primary bathroom offers a rain shower, bidet, and heated seat warmer, providing ultimate luxury. A functional laundry room with utility space adds practicality, and the office or study is elevated with elegant travertine flooring. The home is topped with a durable metal roof, ensuring long-term reliability and peace of mind. Outside, the large backyard offers ample space for relaxation or gatherings, while mature trees in the front yard provide shade and enhance the home's curb appeal. For added convenience, the washer, dryer, and refrigerator will convey with the property. This beautiful home combines modern upgrades, spacious living, and an unbeatable location. Don't miss the chance to make it yours-schedule a tour today!
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| Jan 14, 2014 | Sold | ||
| Sold | |||
| Nov 20, 2013 | Listed by RE/MAX Associates | $225,000 | |
| Listed by RE/MAX Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017