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3307 Rainbow Creek Circle
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 |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by Pinnacle Estate Properties, Inc. | $999,999 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
| Dec 9, 2025 | Price Decreased |
$999,999
↓ $75K
(7%) | |
| Price Decreased | |||
| Nov 14, 2025 | Listed | $1,075,000 | |
| Listed | |||
| | |||
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This may be the home you've been dreaming of! Absolutely gorgeous with VIEWS! Highly remarkable location at the end of the cul de sac, steps away from the Greenbelt which has direct access to Wildflower Park in Desirable *Wildwood* neighborhood of Thousand Oaks. Open floor plan with numerous windows dressed with views which provide a bright and spacious atmosphere. The Solar Panels are completely Paid Off, adding to a great savings on your electricity per month. Family room offers a gas burning fireplace, and is adjacent to the kitchen and leads to the custom covered patio with recessed lighting, numerous gas outlets for your BBQ and firepit ALONG with private Pool and Spa, perfect for entertaining. Newer tile and Hardwood floors throughout, newer dual pane windows, recessed lighting added, 9' ceilings, indoor laundry and more. The spacious master suite offers a private balcony, has a walk in closet and a private Remodeled bathroom including a large Custom Shower. Owners have created a wonderful oasis wtih mature Honeybell Orange Tree that produces fruit all winter, and Passion Fruit tree that produces fruit all summer. Solar Panels are paid off and there is an installed Level 2 EV charger too! Such a wonderful place to call home and entertain guests. Easy freeway access, close to shopping, also close to CLU and Amgen with multiple parks and a block away from the award winning Wildwood Elementary, and Wildwood Hiking Trails too! Indoor and Outdoor Living at it's best!
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017