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389 Raindance Street
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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 14, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | Listed by Aviara Real Estate | $1,099,999 | |
| Listed by Aviara Real Estate | |||
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This charming single-story home in an ideal location within the highly sought after Wildwood community of Thousand Oaks offers 3 bedrooms, 2 bathrooms and 1,639 square feet of living space. Situated on a large private lot, the home backs to serene open space, providing stunning mountain views from the beautifully landscaped backyard. The spacious kitchen boasts new quartz countertops, stainless steel appliances, including a double oven, a new sink, faucet and a 36-inch cooktop. Fresh paint inside and out, mirrored closet doors, recessed LED lights galore and stylish new fixtures enhance the modern appeal. The home has been thoughtfully remodeled with luxurious finishes, including bathrooms with new tile showers and frameless glass doors, matte black hardware and a new vanity and new tile flooring in the primary bath. Brand new laminate flooring and 5-inch base molding throughout as well as updated windows, HVAC, water heater, and roof add to the home's appeal. The 3-car garage is drywalled with excellent lighting and a large safe. With drought-tolerant plants, new irrigation, and a stamped concrete patio, this move-in-ready home won't last!
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017