3455 Raintree Ln
About This Property
As you step inside, you'll be greeted by the warmth of the newly installed flooring, creating a seamless flow throughout the house. The open-concept design of the main living, dining and kitchen area is perfect for entertaining guests. The kitchen boasts sleek granite countertops, ample cabinet space, and stainless-steel appliances, 5 burner gas range w/custom flat top and oven + microwave/convection too making this a chef's delight. Eat-in dining and a breakfast bar lead out to the trex style deck.
Retreat to the spacious master bedroom, complete with a 5-piece bathroom and large walk-in closet. There are 2 additional bedrooms on the main level with a full bath and a large Den/Office (or could be formal dining area) + main floor laundry room too! Plus, new window screens, nest thermostat, whole house humidifier, water filter on kitchen sink, main floor living room TV/TV mount & surround sound speakers stay.
Downstairs, the finished basement offers even more living space, perfect for a home office, gym, or media room-the possibilities are endless! The basement has tons of storage, a full bath, non-conforming bedroom and 2 living areas. Radon has been mitigated. One of the highlights of this home is its eco-friendly feature-a owned solar system that not only reduces your carbon footprint but also saves on energy costs. Outside, you'll find a well-maintained yard with ample space for outdoor activities, gardening, or simply relaxing in the sunshine. Solar system is owned and has been paid in full! Enjoy low electric bills at this home for years! PREFERRED FINANCING FOR THIS HOME AVAILABLE WITH A Conv. Loan at 5.75% or FHA/VA at 5.5%
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$569,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Jun 18, 2024 | Price Decreased |
$575,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jun 12, 2024 | Price Increased |
$580,000
↑ $11K
(1.9%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017