201 N Rainbow Ridge Circle
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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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed | $599,900 | |
| Listed | |||
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Welcome to this stunningly remodeled home nestled in the sought-after Woodland Village subdivision, showcasing modern amenities and spacious living. As you step through the grand entrance, you'll find a welcoming living room adorned w/ a cozy fireplace & two French doors that open to a picturesque yard. The chef's kitchen is a standout feature, boasting new cabinets, stainless steel appliances, elegant quartz countertops, and updated plumbing fixtures. The primary suite is a luxurious retreat, offering a walk-in closet and an updated master bath featuring a new shower, separate tub, double sink, along with new lighting and plumbing fixture. Ascend the wooden staircase to discover a versatile game room with wood flooring and three additional bedrooms. Remodeled secondary bathroom with new cabinets, tile, plumbing, and lighting fixtures. New paint inside & out! Recent major upgrades include a new AC system, roof, and water heater all installed in 2024. Zoned to excellent schools!
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| Feb 5, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017