4 Rainbow Drive
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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Real Broker, LLC | $799,900 | |
| Listed by Real Broker, LLC | |||
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Feb 16, 2018 | Listed by Real Estate, LTD | $419,000 | |
| Listed by Real Estate, LTD | |||
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Beautifully remodeled 3 bedroom 2.5 bath home in Radiance At Howell. New kitchen with granite countertops, tile backsplash, hardwood floors, Large family room, fireplace. Living room, dining room. Finished basement, freshly painted. 2 car garage, large yard. Great location, easy commute access to NYC bus and Route 195.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017