20710 Rainmead Drive
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Keller Williams Realty Metropolitan | $285,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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This stunning home offers timeless curb appeal with a charming brick facade, surrounded by mature trees & a well-maintained front lawn. Inside, you'll find soaring ceilings, a space for an office, an expansive open-concept floor plan, & large windows that flood your new home with natural light. The layout is perfect for entertaining, with a generous living area that flows effortlessly into the dining & kitchen spaces. Your guest BDs are thoughtfully tucked away from your primary BD offering ample privacy. Step outside to your backyard oasis with no rear neighbors that leads to a scenic greenbelt & walking trail, ideal for morning strolls! Your extended patio is perfect for gatherings, barbecues, or relaxing. Enjoy suburban living with easy access to I-10, amenities, parks, & top-rated schools in a peaceful, family-friendly neighborhood. Virtually eliminate your electricity bill with the use of the solar panels that will be paid off at closing by the seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017