1933 Rainwater Way
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 29, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Price Decreased |
$309,900
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Jul 22, 2025 | Listed by Century 21 Mike Bowman, Inc. | $324,900 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| | |||
|
Up to $10,000 in Grant Funds with Qualified Buyers using Preferred Lender! Plus $350 Towards Buyer's Inspection(paid at close) Welcome to this stunning updated 4 bedroom, 2 bath haven, perfectly situated in the desirable Bear Creek Ranch community! With almost 2,000 square feet of meticulously designed living space, this property boasts an airy open floorplan, ideal for effortless entertaining and everyday living. This beautiful home has been carefully updated with luxurious vinyl flooring throughout, providing a sophisticated and low-maintenance finish. The kitchen is equipped with newer stainless steel appliances, perfect for culinary enthusiasts, and features a brand new granite island and decorative light fixtures, adding a touch of elegance to the heart of the home. The thoughtful split bedroom layout ensures added privacy and serenity for all. The primary bedroom is a tranquil retreat, complete with an expansive en-suite bathroom and generous walk-in closet. Three additional bedrooms share a separate hallway and bathroom, perfect for family members or guests. Additional features of this incredible property include a convenient rear-entry garage and a spacious, private backyard, perfect for outdoor entertaining, relaxation, or playtime with the family. Don't miss out on this amazing opportunity! Schedule a showing today and make 1933 Rainwater your new home!
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| Feb 20, 2025 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017