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1322 Rain Forest Rd
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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | Listed by CA-RES | $899,000 | |
| Listed by CA-RES | |||
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Located on a peaceful cul-de-sac, this beautiful single-story home effortlessly combines modern upgrades with cozy charm. With 4 generous bedrooms, 2 full bathrooms, and 1,880 square feet of carefully crafted living space, the home offers a spacious open floor plan, perfect for entertaining or simply enjoying everyday life. Unwind in the living room, gather around one of the two inviting fireplaces, or savor the outdoors in the private backyard featuring mature fruit trees. Recent updates include a paid-off solar system and a newer roof, offering both energy efficiency and peace of mind, heated/AC in the garage, surround sound in the family room. Enjoy low HOA fees with access to exceptional amenities, such as a community pool and a recreation area. This well-maintained home is ideally located and move-in ready—don’t miss the chance to make it yours!
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| Feb 12, 2015 | Sold | ||
| Sold | |||
| Jan 13, 2015 | Listed by Keller Williams Realty | $465,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017