14048 RAINBOW POINT Drive
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%.
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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.
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 15, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | Listed by Keller Williams Realty | $259,000 | |
| Listed by Keller Williams Realty | |||
| Aug 2, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Coldwell Banker Heritage R E | $227,500 | |
| Listed by Coldwell Banker Heritage R E | |||
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Stunning and very spacious 3 bedroom, 2 bath home in East El Paso. As you walk into the home you are greeted with HIGH ceilings and beautiful lighting, the family room has a gorgeous fireplace and the open concept living area is great for entertaining! Just a couple steps up you enter the fully equipped kitchen with a fantastic breakfast area. Great for cooking dinner or just enjoying a cup of coffee in the morning. The primary bedroom has a bathroom with a separate tub and shower, and a LARGE walk-in closet! The other two bedrooms and the 2nd bathroom are very spacious. Outside has a covered patio with a grill, great for cook-outs!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017