22 Rainbow Rd
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed | $680,000 | |
| Listed | |||
| | |||
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Welcome Home! A wonderful Colonial located in a great neighborhood. This home is meticulously built and well maintained with all the features needed. The kitchen features all white cabinetry, soft granite and stainless steel appliances that opens up to a formal dining area. Hardwood floors throughout. Bathrooms are fully renovated with updated fixtures. Upstairs you will find three bedrooms, including a primary bedroom with a full bathroom. Opportunity to finish the basement to your liking. The property offers a fenced- in yard, perfect for outdoor activities and relaxation. Turn Key Ready! Won’t last long!
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| Sep 4, 2015 | Sold | ||
| Sold | |||
| Jul 16, 2015 | Listed by Berkshire Hathaway HomeServices Verani Realty | $414,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017