14 Rainbow Cir
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 |
|---|---|---|---|
| Jun 18, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by RE/MAX Spectrum | $285,000 | |
| Listed by RE/MAX Spectrum | |||
| Feb 28, 2014 | Sold | ||
| Sold | |||
| Dec 2, 2013 | Listed by RE/MAX Destiny | $209,900 | |
| Listed by RE/MAX Destiny | |||
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The finishing touches are being completed on this sprawling ranch. Custom upgrades include Mocha Kitchen cabinets with Granite countertop, center island, ceramic tile in kitchen, bathroom and foyer, New stainless steel appliances, new light fixtures throughout, updated interior doors, new carpeting throughout, entire interior has been painted, new plugs and switches, new vanity, new gas hot water heater,. The exterior has new roof shingles, new windows, new vinyl siding and a new septic system will be installed next week. This home qualifies for USDA financing(no down payment required). 5 minutes to schools, shopping and highways. VAlur range pricing. SELLER WILL CONSIDER OFFERS BETWEEN 209900 AND 235000. CONSIDER DOES NOT MEAN ACCEPT.
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| Aug 30, 2013 | Sold | ||
| Sold | |||
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