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20747 Rainmead Drive
About This Property
A tiled entry with elegant crown molding welcomes you into the home and leads to a bright study featuring French doors and soaring ceilings-perfect for a home office or flex space. The spacious den offers tile flooring and a graceful arched entry that opens seamlessly to the formal dining room and kitchen.
The formal dining room showcases crown molding and provides easy access to the kitchen, making it ideal for entertaining. The kitchen and breakfast area feature recessed lighting, gas cooking, stainless steel appliances, an undermount sink, and a convenient pass-through bar to the dining room.
The lovely primary suite boasts high ceilings, dual vanities, a large garden tub with a separate shower, and a generous walk-in closet. Secondary bedrooms are well-sized and comfortable. Enjoy outdoor relaxation on the back patio.
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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.
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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by Keller Williams Memorial | $259,000 | |
| Listed by Keller Williams Memorial | |||
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Dec 21, 2020 | Listed by Keller Williams Signature | $219,900 | |
| Listed by Keller Williams Signature | |||
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Beautiful 3 bedroom home with a study zoned to Katy ISD! Tiled front entry with crown molding leads to the study with French doors and high ceilings. Large den features tile flooring and arched entry opening to the formal dining and kitchen. Formal dining with crown molding is accessible to the kitchen. Kitchen and breakfast area have recessed lighting, gas cooking, stainless steel appliances, undermount sink and pass thru bar to the formal dining. Lovely master suite has high ceilings, double sinks, large garden tub with separate shower and walk-in closet. Spacious secondary bedrooms. Back patio.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017