25 Rainbow Ln
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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by Compass | $599,000 | |
| Listed by Compass | |||
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Purchased as a fixer-upper in 2019, by owners who then poured love and hard work into every space. Improvements were made with quality & long-term comfort in mind. The heart of the home is a brand-new kitchen feat. granite countertops, beautiful cabinetry, & an open flow into the living area, ideal for everyday living/entertaining. Year-round comfort provided by a wood stove and mini-split system. Also on main level: a flexible bedroom space (currently open, easily enclosed) and a full bath with first-floor laundry. Upstairs offers 2 bedrooms (one w/cathedral wood ceilings) and half bath. Enjoy a beautifully maintained lawn with in-ground sprinkler system, outdoor shower, fire pit, and dedicated outdoor cooking area. Seasonal photos show the yard in its full beauty. Store your boat in the side yard, as it is just 1.5 miles from the Mashpee Neck Boat Ramp! Add'l major upgrades new windows/flooring/siding/water heater & updated electrical panel, offering peace of mind for years to come..
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| Apr 23, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Kalstar Realty Services | $279,000 | |
| Listed by Kalstar Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017