2407 RAINTREE AVE
About This Property
As you step up the walkway, admire the eye catching landscaping. Inside, the split foyer opens welcoming you up to to the bright main living area with sunlight flowing from the living room windows through the dining room and meeting the sunroom where you can enjoy the warmth all year long. The kitchen provides additional extra seating at the breakfast bar and new appliances. Follow the hallway to the full bathroom shared by the 3 bedrooms and storage along the way.
The lower level hosts a family room, the laundry hook up (washer and dryer excluded), a half bath, and a home office with custom built desk. This level has direct access to the 1 car garage.
The roof and AC system were replaced in 2020 offering several more years peace of mind.
Enjoy every step outside in this amazing yard which promotes an abundance of opportunities for entertaining. Most of the acreage is on the side of the home and beyond the fenced inground pool. Professional services have kept many elements of this yard beautiful year after year.
This home is the foundation of family memories and traditions.
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Iron Valley Real Estate of Central MD | $395,000 | |
| Listed by Iron Valley Real Estate of Central MD | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017