23161 Rainbow Road
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 24, 2022 | No longer available | - | |
| No longer available | |||
| Oct 26, 2022 | Listed by RE/MAX Prestige Realty/LW | $310,000 | |
| Listed by RE/MAX Prestige Realty/LW | |||
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You own the land with no association!!!Turn key totally renovated large 3BD/2BA mobile home in the best location in Boca Raton. Brand new kitchen with white shaker cabinets and granite countertops, SS appliances, Vinyl flooring throughout. Walk-in closet in each room, spacious shower in master bathroom, brand new central AC and Washer/Dryer. Brand new shingles roof with 10 years warranty. Close to hospitals, shopping centers and plazas with A+ rated schools. The manager has listed the unit size as 1596 square feet.
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| Oct 15, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Sold | ||
| Sold | |||
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About Watergate
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017