34 RAINTREE CIRCLE
About This Property
Step outside to a private backyard with no rear neighbors, mature trees, and preserve views along a peaceful creek-offering a quiet space to relax and enjoy Florida's natural beauty. Whether you're unwinding with your morning coffee or watching the local wildlife, this outdoor space feels like your own retreat.
Rivergate is a well-maintained, gated community where lawn care is included in the HOA. Residents enjoy access to a clubhouse, community pool, and nearby walking trails. Located just 7 miles from Flagler Beach and close to shopping, dining, and medical facilities, this home offers the best of Florida living with comfort and convenience in mind.
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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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jul 9, 2025 | Price Decreased |
$315,000
↓ $24K
(7.1%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by TAKE ACTION PROPERTIES, LLC | $339,000 | |
| Listed by TAKE ACTION PROPERTIES, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017