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259 E Rainbow Ridge Circle
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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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$469,900
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by Coldwell Banker Realty - The Woodlands | $485,000 | |
| Listed by Coldwell Banker Realty - The Woodlands | |||
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by eXp Realty, LLC | $445,900 | |
| Listed by eXp Realty, LLC | |||
| | |||
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LOCATION! LOCATION! LOCATION!
Hard to find lot with no back neighbors and open green space. This updated, move-in ready home is nestled among the trees in a retreat-like setting right in the heart of The Woodlands. Upon entering you are greeted by a light and bright entry with easy-care tile and luxury plank vinyl throughout both levels. The open oversized family room is perfect for gatherings and flows into a separate living room with a cozy brick fireplace. You can't miss the designer touches in the new kitchen and master bath updates with the sleek, deep navy hue and contemporary herringbone set tile. Enjoy the enclosed screened porch and spacious low maintenance back yard with an expansive wood deck perfect for entertaining or simply enjoying the solitude. With a greenbelt just outside your door and minutes to Market Street and Waterway Square along with top rated schools you will want to call this one home.
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| Jun 30, 2020 | Sold | ||
| Sold | |||
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About The Woodlands
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$9,500 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017