2723 Rainbow Lane
About This Property
But that's not all - when your not relaxing in your completely finished haven of a back yard you will have access to a plethora of amenities, including a clubhouse for social gatherings, a sparkling pool for cooling off on hot summer days, a state-of-the-art gym for staying active, a relaxing spa for unwinding after a long day, and even tennis courts for friendly competition.
Don't miss out on the opportunity to live in this vibrant community where you can enjoy resort-like living without breaking the bank. Schedule a tour today and experience everything this charming house has to offer!
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Relisted | $375,000 | |
| Relisted | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by TRUST PROPERTIES USA, INC | $375,000 | |
| Listed by TRUST PROPERTIES USA, INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017