11615 Raindrop 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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by Wiglesworth Properties | $399,950 | |
| Listed by Wiglesworth Properties | |||
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Welcome to Enchanted Forest! Nestled beneath mature trees and full of charm, this spacious home offers a perfect blend of elegance and functionality. The gourmet kitchen features expansive counters and a window overlooking sun-drenched sunroom that overlooks two large decks leading to gorgeous backyard. Enjoy both formal and cozy breakfast nook for every occasion. With four oversized bedrooms, three versatile living areas and stunning flooring throughout, this home is ideal for both relaxation and entertaining. Located near parks, top shopping spots like North Star Mall, major highways (410, 1604, 281 and 37), schools and dining -- this is where convenience meets serenity. Come see it today.
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| Jul 2, 2025 | No longer available | - | |
| No longer available | |||
| May 2, 2025 | Price Decreased |
$420,000
↓ $30K
(6.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017