13518 Raintree Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Relisted | $349,900 | |
| Relisted | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by RE/MAX Signature | $349,900 | |
| Listed by RE/MAX Signature | |||
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Welcome to 13518 Rain Fall Park Drive. This 4 bedroom, 2.5 bath home has been completely redone and shows like a brand new home! New roof, water heater, gutters, AC, paint, updated bathrooms, and flooring. The eat-in kitchen features a new, never-used LG dishwasher, range, and microwave. The living room has an incredible remote-controlled electric fireplace that produces heat for the winter and looks amazing the rest of the year. Downstairs you will find the oversized primary bedroom and bath. Upstairs has 3 large bedrooms, and an additional bath. The garage boasts epoxy floors and extra storage. There is a full sprinkler system for the front and backyard as well. With Lake Conroe just a stone's throw away, enjoy weekends filled with boating and fishing. Amenities include a golf course, boat ramps to Lake Conroe, fitness center/racquet club/neighborhood pool, yacht club, marina, restaurants, walking paths, and a dog park.. Zoned to the highly acclaimed Montgomery ISD schools!
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About Walden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017