11812 RAINDROP Road
About This Property
This traditional home features 3 bedroom and 2 bathrooms, ensuring ample space for family living. A notable highlight is the new roof and new carpet throughout the home.
The family room, cozy and inviting features a charming fireplace, creating a perfect ambiance for relaxation and social gatherings. The large master bedroom is a retreat itself, enhanced by double tray ceilings and a dual sink vanity, providing convenience.
This home is conveniently located near the airport and various retail shopping centers. Schedule your showing today!
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 12, 2024 | Price Decreased |
$280,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| May 9, 2024 | Listed by MOMENTUM REALTY | $285,000 | |
| Listed by MOMENTUM REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017