2561 Rainbow Ranch Ln
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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 22, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | Listed by LANDMARK RESIDENTIAL BROKERAGE | $889,690 | |
| Listed by LANDMARK RESIDENTIAL BROKERAGE | |||
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At the heart of the Cornell II plan, a well-appointed kitchen with a center island and direct access to the backyard overlooks a spacious dining and great room area-boasting plenty of space for relaxing and entertaining. Additional main-floor highlights include a bedroom, private study and full bath off the two-story foyer. Heading upstairs, you'll find a versatile loft with access to three secondary bedrooms-one with an en-suite bath-a full hall bath, and a lavish primary suite with a roomy walk-in closet and a dual-vanity bath. A full unfinished basement completes the home. Photos are not of this exact property. They are for representational purposes only. Please contact builder for specifics on this property.
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Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE6628967
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017