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1203 Rainforest Lane
About This Property
The flexible formal dining area offers the ideal space for a home office, sitting room, or additional entertaining area. The private first-floor primary suite serves as a relaxing retreat with dual vanities, a jetted tub, a separate shower, and generous space throughout.
Upstairs offers 3 oversized secondary bedrooms, a full bath, and an expansive bonus room perfect for a game room, media room, or play area. Step outside to enjoy the beautifully landscaped backyard featuring a charming pergola and plenty of room for outdoor gatherings
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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 3, 2026 | No longer available | - | |
| No longer available | |||
| Aug 17, 2026 | Price Decreased |
$559,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$569,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 3, 2026 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017