1428 Rainbow Crest Rd
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 |
|---|---|---|---|
| Oct 14, 2020 | No longer available | - | |
| No longer available | |||
| Oct 10, 2020 | Listed | $799,000 | |
| Listed | |||
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Beautiful Hills & Mountains View from this gorgeous home in the Hills of Rainbow Heights on lush gated property w/ tranquil pond & fruit trees. Immaculate home offers spacious downstairs w/custom Spanish tile, rich hardwood floors, & picture views from every window. Gourmet kitchen boasts granite countertops, stainless appls, center island w/ second sink, eat-at breakfast bar & access to outdoor wrap around deck w/ incredible views from every angle. Optional downstairs bedroom w/ full bath great for an office or additional 4th bedroom. Spacious living room with fireplace and family room with built-in bar. This 74,487 sqft features lush landscaping, tranquil pond, fruit trees, storage and plenty of useful land. Easy access to freeway yet tucked away in the hills with privacy and serenity. No HOA. Property is gated with Gate remote opener. The manager has listed the unit size as 2094 square feet.
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| Oct 24, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $679,000 | |
| Listed | |||
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Absolutely STUNNING VIEWS from this gorgeous home nestled on 1.7 acres in the hills of Rainbow Heights on lush gated property w/ tranquil pond & fruit trees. Immaculate home offers spacious downstairs w/custom Spanish tile, rich hardwood floors, & picture views from every window. Gourmet kitchen boasts granite countertops, stainless appls, center island w/ second sink, eat-at breakfast bar & access to outdoor wrap around deck w/ incredible views from every angle. Optional downstairs bedroom w/ full bath. Neighborhoods: Rainbow Equipment: Garage Door Opener Other Fees: 0 Sewer: Septic Installed Topography: GSL The manager has listed the unit size as 2850 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017