29
Map
1301 Rainbow Parke DR
About This Property
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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 |
|---|---|---|---|
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Luisa Mauro Real Estate | $350,000 | |
| Listed by Luisa Mauro Real Estate | |||
| Sep 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Aug 16, 2024 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Aug 2, 2024 | Listed by Luisa Mauro Real Estate | $400,000 | |
| Listed by Luisa Mauro Real Estate | |||
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Welcome home to this bright and open single-story gem! The versatile owners retreat can be customized as an office, study, sitting room, nursery, or even a 4th bedroom to suit your needs. Enjoy the expansive, flat yard with a covered patio and playscape—ideal for both relaxing and entertaining. Inside, you’ll find multiple living areas that offer flexibility and comfort. The generously sized eat-in kitchen is a chef’s delight, boasting a center island, ample counter space, and cabinetry, all complemented by sleek stainless steel appliances. Situated in a fantastic location, this home is close to delightful restaurants, shopping centers, Dell Diamond, Kalahari Resort, and Old Settlers Park. It’s also within the highly sought-after Round Rock ISD. Don’t miss this opportunity to make this house your home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017