331 RAINBOW Circle
About This Property
Established sought after neighborhood
Family Home
Kitchen cabinets recently updated
Granite kitchen tops
Large Peninsula
Kitchen Aid Refrigerator, double ovens and dishwasher
Recessed lighting
Windows replaced 2017
4 bedrooms, walkin closet in Master Br
Large walkin Shower in master br
'Maids quarters' with closet and bathroom access
Jetted Tub in Hall bath
Fireplace
Refrigerated Air, 2 units
2 Gas furnaces
2 Gas water heaters
Double garage, with opener and extra
Storage
Plenty of parking
Large private backyard for gatherings
Take a look!
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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 11, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Listed by Haggerty Company | $305,000 | |
| Listed by Haggerty Company | |||
| Dec 21, 2017 | Sold | ||
| Sold | |||
| Aug 29, 2017 | Listed by Coldwell Banker Legacy | $199,000 | |
| Listed by Coldwell Banker Legacy | |||
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LOCATED IN A QUIET AREA OF WELL CARED FOR HOMES, TRADITIONAL AT ITS FINEST! LARGE FORMAL LIVING AND DINING WITH AMAZING HARDWOOD FLOORS,BAY WINDOW, THE FAMILY ROOM WITH BRICK FIREPLACE IS A GREAT GATHERING SPACE WITH BUILT IN BOOKSHELVES, AND PICTURE WINDOW TO THE LUSH GREEN YARD. THE YARD IS A BEAUTIFUL RELAXING AREA OF LARGE SHADE TREES, AND RAISED PLANTERS, WITH MATURE SHRUBS, ENJOY EVENINGS ON THE COVERED PATIO, COOKING ON YOUR BUILT IN GAS GRILL. THE KITCHEN IS AN ORIGINAL GEM, SO CHARMING, ALSO FEATURING A LARGE WINDOW. THERE ARE FOUR SUBSTANTIAL BEDROOMS PLUS AN EXTRA ROOM FOR OFFICE OR WORKOUT. THE MASTERBATH IS TOTALLY UPDATED WITH SPA LIKE FEATURES.WOOD FLOORS, CERAMIC TILE, NEW CARPET, LOTS OF STORAGE, TWO CAR GARAGE, AND REFRIGERATED AIR, MAKE THIS A VERY WISE PURCHASE. THE CURB APPEAL IS A PLUS, WITH FRIENDLY FRONT PORCH TO SIT AND VISIT.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017