355 RAINEY RD
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 24, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by BHHS Fox & Roach-Mullica Hill South | $389,000 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
| Nov 22, 2013 | Sold | ||
| Sold | |||
| Sep 14, 2013 | Listed by Coldwell Banker Realty | $364,900 | |
| Listed by Coldwell Banker Realty | |||
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Breath taking 2 story center hall colonial with upgrades throughout. The home is located on a spacious 1.6 acre lot with a park like setting. There is a large 2 tier deck. The upper tier leads to the in ground pool and lower level leads to the relaxing hot tub. The pool is surrounded by a paver patio. The lot is wooded to the rear and to the right side and has vinyl fencing around the pool section. The interior of the home is a dream come true. New kitchen features 42 inch Hickory cabinetry, recessed lighting and granite countertops. There is crown moldings, and shadow boxing through much of the home. The family room offers a gas fireplace to take the chill off on those winter nights. The upstairs is equally impressive. The master bedroom has a sitting room and 3 walk in closets! The bathroom has a soaking tub to take the edge off a long day at work.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017