11635 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 |
|---|---|---|---|
| Feb 27, 2015 | Sold | ||
| Sold | |||
| Oct 1, 2014 | Listed by Wallace Dickey | $329,900 | |
| Listed by Wallace Dickey | |||
| | |||
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"UNIQUE ONE OF A KIND"! WILL TAKE BREATH AWAY! Renovated and updated! Decorator colors, all new paint, many oak trees, huge deck overlooks in-ground pool, hand scraped hardwood & dark finished hard wood floors, travertine tile in bath & large laundry room, open living area, fireplace, custom wrought iron balcony rails leading upstairs, MB down w gorgeous master bath! Kitchen is open & bright granite countertops, walk-in pantry. Media/game room. Just added, double pane acoustical windows & doors cost $85K.
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| Jan 30, 2008 | Sold | ||
| Sold | |||
| Nov 11, 2007 | Listed by Homecity Real Estate | $227,900 | |
| Listed by Homecity Real Estate | |||
| Jun 2, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017