16144 Raintree Road
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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 |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by RE/MAX Rising | $325,000 | |
| Listed by RE/MAX Rising | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Listed | $215,000 | |
| Listed | |||
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Well maintained 2-story home in an established rural subdivision on a 1/2 acre lot w/ NO BACKYARD NEIGHBORS! Eat-in kitchen w/ vaulted ceilings, updated appliances (all stay) & large pantry! French doors lead you to the master suite w/ cathedral ceiling & en suite bath w/ double vanity, whirlpool tub & separate shower! Finished basement w/ 3 rec rooms & plenty of storage! Yard is beautiful w/ huge deck, lush landscaping, gazebo & so much privacy! Beautiful suburban/country living in mature rural subdivision of Crestwicke- just 5 minutes from shopping/dining, but far enough away to feel secluded! Priced to sell! A must see home! The manager has listed the unit size as 3696 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017