3 Raintree
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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $589,900 | |
| Listed | |||
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Charming 3-bed, 2-bath ranch with fresh interior paint for a crisp, updated look! The finished basement, complete with a wet bar, is perfect for entertaining, a game room, or a cozy retreat. Enjoy outdoor living with a screened-in porch, spacious deck, and large yard. Recent updates include a new oil tank (2022). Ideally located within 2 miles of a beautiful body of water, offering endless outdoor recreation opportunities. Seller has never lived in the property. Washer and dryer will be left for buyers in as-is condition, with no warranties or guarantees. Seller makes no representations regarding their functionality or condition. Outdoor shower has never been used by the seller, and its condition is unknown. First showing at OH Saturday. Some photos have been enhanced.
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| Jul 8, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by William Raveis R.E. & Home Services | $535,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017