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$360,000
● House - Off Market

2B Rainbow Road

bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,547 Ft²
$688,125
RealtyHop Estimate
86.03%
Since Apr 1, 2005
National-US
Primary Model

About This Property

YOUNG 6 room, 3 bedroom cape offers 2 full baths, oak kitchen with newer dishwasher, fireplace, newer ceramic tile floor in 1st floor bathroom, playroom/familyroom in lower level (unheated), Anderson windows, levle fenced-in yard with above ground pool and deck, sprinkler system in front yard, convenient location.  This home is in immaculate condition!
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$239
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #70122643)

Price History

Date / Event Date Event Price
Mar 30, 2005 Sold
Premium
Sold
Dec 2, 2004 Listed by Carpenito Real Estate, Inc. $369,900
Listed by Carpenito Real Estate, Inc.

Property Highlights

Parking Available
Interior Details
Level: First
Width: 9
Length: 14
Area: 126
Level: First
Features: Bathroom - Full
Level: Second
Width: 13
Length: 15
Area: 195
Width: 13
Length: 14
Level: First
Area: 182
Features: Bathroom - Full
Level: First
Length: 14
Level: First
Area: 182
Width: 13
Width: 10
Length: 11
Area: 110
Level: First
Length: 16
Level: Basement
Width: 14
Area: 224
Level: Second
Length: 15
Width: 13
Area: 195
Features: No
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Full
Parking Details
Parking Features: Paved Drive, Off Street
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: res
Parcel Number: 2109976
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $314,100
Tax Annual Amount: $2,541
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer, City/Town Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70122643
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