2349 Rainbow Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | No longer available | - | |
| No longer available | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Century 21 Ditton Realty | $365,000 | |
| Listed by Century 21 Ditton Realty | |||
| | |||
|
Come see this charming home located in the Ponderosa Basin neighborhood, tucked back off of a cul-de-sac and sitting on just under 6 acres of land! The home features 2 spacious bedrooms, 2 baths and a newly remodeled kitchen with granite counter tops and beautiful cabinetry, along with a rock fire place, and wood beamed ceiling in the living area. The home offers a quiet and peaceful surrounding with huge oaks, pines and manzanitas all around. You really do feel as though you are sitting in a tree house. There is a whole house generator for those stormy night, so don't fret, you will have power when power goes out, a huge plus! There are 2 deck areas, one being off the living room which makes for peaceful mornings while sipping on your cup of joe, and a bit larger deck, perfect for entertaining your friends and family if you so wish. The home is also equipped with forced air heat and cooling and has all newer flooring as well. Schedule your personal tour of this move-in ready home just waiting to WELCOME you home! The manager has listed the unit size as 1336 square feet.
| |||
| Sep 24, 2018 | No longer available | - | |
| No longer available | |||
| Sep 21, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017