4 Rainbow Ter
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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by J. Barrett & Company | $559,000 | |
| Listed by J. Barrett & Company | |||
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Charming 2-bedroom raised ranch in Danvers with scenic river views. This home features an additional kitchen on the lower level with a walk-out to a covered patio, perfect for entertaining or enjoying the outdoors. It comes equipped with central air conditioning, central vacuum, and a heated/cooled garage with work space for year-round comfort. Exterior features include deck off the kitchen, fenced in back yard and storage shed. A new hot water tank has recently been installed, adding extra value to this potential-filled property with room for expansion. Great opportunity to create your dream home in a desirable location! Property being sold "as is" Showings begin Thursday 9/5 6-7pm
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| Apr 4, 1988 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017