14108 Rainbow Point Drive
About This Property
The home offers a second living area that includes a well-appointed kitchen with granite countertops, stainless steel appliances, and a cozy breakfast nook. A convenient half bath is also located in this section of the home. The primary bedroom is zoned for privacy and features an en-suite bathroom with a granite countertop, a spacious closet, and a walk-in shower.
On the opposite side of the home, you'll find two additional bedrooms and a full bath, making this layout ideal for families or guests. High ceilings throughout the home create an open and airy ambiance.
The backyard serves as a relaxing sanctuary, with a lush lawn, shaded pergola, and a large park
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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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by ClearView Realty | $299,000 | |
| Listed by ClearView Realty | |||
| Aug 21, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 28, 2024 | Price Increased |
$308,900
↑ $9K
(3%) | |
| Price Increased | |||
Property Highlights
Building Info
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