23 Rainbow Pond Dr #D2
About This Property
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/06/2026
|
2 Bed
|
2 Bath
|
1356 ft²
|
$539,900
2 Bed
2 Bath
1356 ft²
|
$600,000
+11.13%
05/15/2026
|
The Rental Team
Hayden Rowe Properties
| |
|
02/08/2020
|
2 Bed
|
2 Bath
|
1167 ft²
|
$299,900
2 Bed
2 Bath
1167 ft²
|
$292,000
-2.63%
12/03/2020
|
Alisa and Tony Team
Greater Boston Realty
| |
|
03/29/2019
|
2 Bed
|
2 Bath
|
1172 ft²
|
$319,900
2 Bed
2 Bath
1172 ft²
|
$298,000
-6.85%
06/28/2019
|
Lisa DeMaio
Century 21 American Properties
| |
|
09/24/2018
|
2 Bed
|
2 Bath
|
1057 ft²
|
$295,000
2 Bed
2 Bath
1057 ft²
|
$280,000
-5.08%
11/13/2018
|
Lisa DeMaio
Keller Williams Realty Boston South West
| |
|
03/30/2017
|
2 Bed
|
2 Bath
|
1094 ft²
|
$349,900
2 Bed
2 Bath
1094 ft²
|
$340,000
-2.83%
07/10/2017
|
The Results Team
RE/MAX Executive Realty
| |
|
09/12/2016
|
2 Bed
|
2 Bath
|
1356 ft²
|
$349,900
2 Bed
2 Bath
1356 ft²
|
$340,000
-2.83%
12/02/2016
|
The Results Team
RE/MAX Executive Realty
| |
|
09/11/2014
|
2 Bed
|
2 Bath
|
1094 ft²
|
$250,000
2 Bed
2 Bath
1094 ft²
|
$220,000
-12.00%
12/15/2014
|
Julie Cesareo
Conway - Medfield
| |
|
11/15/2012
|
2 Bed
|
2 Bath
|
1057 ft²
|
$215,000
2 Bed
2 Bath
1057 ft²
|
$196,000
-8.84%
01/31/2013
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
01/12/2008
|
2 Bed
|
2 Bath
|
1066 ft²
|
$258,000
2 Bed
2 Bath
1066 ft²
|
$255,000
-1.16%
06/09/2008
|
Linda Todd
William Raveis Delta REALTORS®
| |
|
10/05/2006
|
2 Bed
|
2 Bath
|
1329 ft²
|
$319,900
2 Bed
2 Bath
1329 ft²
|
$315,000
-1.53%
11/29/2006
|
Dorothy Mcdonnell
RE/MAX Real Estate Center
| |
|
07/22/2006
|
2 Bed
|
2 Bath
|
1066 ft²
|
$289,000
2 Bed
2 Bath
1066 ft²
|
$272,000
-5.88%
02/09/2007
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
03/18/2004
|
2 Bed
|
2 Bath
|
1356 ft²
|
$375,000
2 Bed
2 Bath
1356 ft²
|
$370,000
-1.33%
07/30/2004
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
08/06/1999
|
2 Bed
|
2 Bath
|
1167 ft²
|
$210,000
2 Bed
2 Bath
1167 ft²
|
$200,000
-4.76%
10/26/1999
|
Carole Barletta
Century 21 Elizabeth Roberts
| |
|
08/08/1998
|
2 Bed
|
2 Bath
|
1094 ft²
|
$194,900
2 Bed
2 Bath
1094 ft²
|
$182,000
-6.62%
09/11/1998
|
Julie Cesareo
Conway - Medfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017