21550 Rainfall Park Drive
About This Property
Open floor plan means everyone in the home gets to hang out together even when they are doing different things. Kitchen open to living room with breakfast area. Kitchen set up gives uou plenty of space to move around freely while cooking and entertaining guests. All bedrooms up plus laundry room. No running up n down in middle of the night or lugging laundry. Large storage space in attic area storage Recently upgraded flooring. Love and pride of the owner can be seen in how well they have maintained this home.
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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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Listed by Woodlands Eco Realty | $300,000 | |
| Listed by Woodlands Eco Realty | |||
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017