27
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2207 Raintree PATH
About This Property
The fully remodeled kitchen (2023) was opened to the living area to create a bright, modern gathering space with new cabinetry, countertops, backsplash, sink, and stainless steel appliances, including dishwasher, microwave, and refrigerator. Both bathrooms have been tastefully renovated - the primary bath showcases a retiled shower and floor, glass shower enclosure, updated vanity, mirrors, fixtures, lighting, custom shelving, closet doors, and a convenient pocket entry door. The guest bath features a new tub, updated tile, vanity, lighting, and fixtures.
Additional interior updates include fresh paint throughout, new closet doors, ceiling fans, and updated lighting in every room. The laundry room was enhanced with new tile flooring, a custom bench, a pocket door, added cabinetry, and dryer connections for gas or electric.
Exterior improvements are just as impressive with all new siding, exterior paint, new windows with screens, a cedar privacy fence with two gates, and attractive xeriscaping. Enjoy established landscaping including vegetable gardens, a mature fruit-bearing pecan tree, a nectarine tree, lemon and lime trees, a lilac bush, red and white crape myrtles, and two mature ash trees.
Conveniently located near shopping, dining, parks, and major commuter routes, this thoughtfully upgraded home combines comfort, style, and functionality - ready for its next owner to enjoy.
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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 |
|---|---|---|---|
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Pure Realty | $300,000 | |
| Listed by Pure Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017