1417 RAINBOW RIDGE Drive
About This Property
So close to Cimmaron Shopping and new Restaurants!
-Roof replaced 4 months ago.
-All bathrooms have new plumbing, tile, and cabinetry.
-Stainless steel appliances. Granite and marble stone.
-New flooring and baseboards throughout
-New roof and new AC unit under warranty.
-All recessed lighting and new fixtures throughout
-Epoxy garage.
-New roof
-Interior paint
-Removed popcorn
-New floors and moldings
-New toilets/plumbing/faucets/new tile in all showers and baths
-Refaced and repainted cabinets/new hardware/backsplash
-All new lighting fixtures and recessed lights
-Added two new bathroom vanities/mirrors
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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 |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Sep 24, 2022 | Listed by ListWithFreedom.com Inc. | $349,999 | |
| Listed by ListWithFreedom.com Inc. | |||
| Dec 3, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by Coldwell Banker Heritage R E | $196,000 | |
| Listed by Coldwell Banker Heritage R E | |||
| | |||
|
GORGEOUS! This 2-story 5 Bedroom, 3 bath home has all of the room that you have been looking for. This 5 bedroom home has what you have been looking for! TWO FAMILY ROOMS for those nights everyone wants to watch something different, Large MASTER SUITE with bathroom and walk-in closet, 4 more spacious rooms and 3 Full Baths. This home is on a great lot with plenty of room in the backyard.
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| Sep 8, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017