2 Rainbow Pond Drive #2
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%.
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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.
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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 9, 2026 | Price Decreased |
$529,900
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Sep 18, 2026 | Listed by EXIT Premier Real Estate | $549,900 | |
| Listed by EXIT Premier Real Estate | |||
| Mar 28, 2008 | Sold | ||
| Sold | |||
| Feb 10, 2008 | Listed by RE/MAX Distinct Advantage | $209,900 | |
| Listed by RE/MAX Distinct Advantage | |||
| | |||
|
Spacious 3-bedroom 1st floor unit in Royal Crest awaits your redecorating touch, priced way below '08 assessment. End unit has large living room w/sliders out to flagstone patio overlooking fairway. Formal DR, in-unit laundry. Royal Crest offers country club living w/9-hole golf course (included in condo fee), pool, tennis, clubhouse, exercise room. Enjoy easy carefree living convenient to highway access, shopping, commuter train.
| |||
| Jan 28, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/18/2026
|
2 Bed
|
2 Bath
|
1660 ft²
|
$500,000
2 Bed
2 Bath
1660 ft²
|
-
-
|
Julie Gross
Coldwell Banker Realty - Westwood
| |
|
06/27/2023
|
3 Bed
|
2 Bath
|
1660 ft²
|
$515,000
3 Bed
2 Bath
1660 ft²
|
$500,000
-2.91%
08/15/2023
|
The Rental Team
Hayden Rowe Properties
| |
|
09/18/2017
|
3 Bed
|
2 Bath
|
1512 ft²
|
$339,900
3 Bed
2 Bath
1512 ft²
|
$340,000
+0.03%
11/07/2017
|
Brad Brooks
Keller Williams Realty Boston South West
| |
|
08/21/2014
|
3 Bed
|
2 Bath
|
1512 ft²
|
$235,000
3 Bed
2 Bath
1512 ft²
|
$232,000
-1.28%
11/03/2014
|
The Results Team
RE/MAX Executive Realty
| |
|
10/07/2013
|
3 Bed
|
3 Bath
|
1512 ft²
|
$235,000
3 Bed
3 Bath
1512 ft²
|
$215,000
-8.51%
12/12/2013
|
The Results Team
RE/MAX Executive Realty
| |
|
08/15/2012
|
2 Bed
|
2 Bath
|
1660 ft²
|
$275,000
2 Bed
2 Bath
1660 ft²
|
$265,000
-3.64%
06/30/2014
|
The Results Team
RE/MAX Executive Realty
| |
|
04/03/2012
|
3 Bed
|
2 Bath
|
1483 ft²
|
$199,900
3 Bed
2 Bath
1483 ft²
|
$180,000
-9.95%
04/26/2013
|
The Results Team
RE/MAX Executive Realty
| |
|
05/05/2010
|
3 Bed
|
2 Bath
|
1512 ft²
|
$179,900
3 Bed
2 Bath
1512 ft²
|
$165,000
-8.28%
06/18/2010
|
Brad Brooks
Brad Brooks Real Estate Brokerage
| |
|
02/10/2008
|
3 Bed
|
2 Bath
|
1427 ft²
|
$209,900
3 Bed
2 Bath
1427 ft²
|
$180,000
-14.24%
03/28/2008
|
Richard Gorden
RE/MAX Distinct Advantage
| |
|
01/03/2006
|
3 Bed
|
3 Bath
|
1427 ft²
|
$299,900
3 Bed
3 Bath
1427 ft²
|
$235,000
-21.64%
07/31/2007
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
02/22/2005
|
2 Bed
|
2 Bath
|
1660 ft²
|
$339,900
2 Bed
2 Bath
1660 ft²
|
$332,500
-2.18%
06/16/2005
|
Robert Black
RE/MAX Executive Realty
| |
|
05/30/2002
|
3 Bed
|
2 Bath
|
1660 ft²
|
$289,000
3 Bed
2 Bath
1660 ft²
|
$289,000
09/30/2002
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
12/03/1999
|
3 Bed
|
2 Bath
|
1650 ft²
|
$215,000
3 Bed
2 Bath
1650 ft²
|
$212,000
-1.40%
01/28/2000
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
02/22/1997
|
3 Bed
|
2 Bath
|
1450 ft²
|
$165,000
3 Bed
2 Bath
1450 ft²
|
$158,000
-4.24%
08/15/1997
|
Carole Barletta
Century 21 Elizabeth Roberts
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017