3727 Raindrops Road
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 |
|---|---|---|---|
| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by AEA Realty, LLC | $255,000 | |
| Listed by AEA Realty, LLC | |||
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Welcome Home to 3727 Raindrops! This cute and cozy home offers three bedrooms, 2 bathrooms, an open floorplan, tile throught the home, and a large fenced in backyard. Upon entry you a greeted with the spacious family room that is open to the breakfast bar, kitchen, dining room and is perfect for entertaining! This split floorplan is ideal with the primary bedroom on one side of the home and the other two bedrooms on the other. The backyard is large and the possibilities are endless. Conventiently located to beltway 8, hwy 225, I-45 and zoned to Pasadena ISD.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017