$289,000
●
House -
In Contract
40 Rainbow Trail
Arnold, MO 63010
4 Beds
2 Baths,
1
Half Bath
1,713 Ft²
$1,722
Est. Monthly
$40
HOA / Fees
About This Property
Welcome to this spacious and inviting 4-bedroom, 2.5-bathroom home
offering approximately 2,500 square feet of versatile living space
in Arnold. The main level features a functional layout highlighted
by a wood-burning fireplace, perfect for relaxing or recreational
gatherings. The partially finished walk-out basement provides
excellent additional room for hobbies or storage, while the two-car
attached garage adds everyday convenience. Situated on Rainbow
Trail, this residence combines comfort and practicality in a prime
location, ready to welcome its next residents.
Unit Size
1,713 Ft²
Days on Market
-
Land Size
8.15 acres
Price per sqft
$169
Property Type
House
Property Taxes
$263
HOA Dues
$40
Year Built
1964
Listed By
Michael Zouglas
REO Xpress, LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 days ago (MARIS #MIS26029169)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Rooms: 10
Has Fireplace
Fireplace Features: Recreation Room, Wood Burning
Fireplaces: 1
Basement: Partially Finished, Full, Walk-Out Access
Exterior Details
Square Footage: 1713
Square Footage Source: $0
Architectural Style: Traditional
Year Built: 1964
Levels: Two
Construction Materials: Brick Veneer, Other, Stone Veneer
Lot Features: Back Yard, Front Yard, Adjoins Wooded Area
Lot Size Area: 355014
Lot Size Units: Square Feet
Lot Size Acres: 8.15
Lot Size Square Feet: 355014
Water Source: Public
Financial Details
Tax Annual Amount: $3,158
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Baseboard, Electric, Forced Air
Sewer : Septic Tank
Location Details
HOA Fee: $475
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arnold
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Listed by: Michael Zouglas
Listed Office: REO Xpress, LLC - Listing courtesy of MARIS
Phone: 314-916-4116
Last Updated: 2026-10-01 15:07:30
Last Checked: 6 days
Data Source: MARIS, MLS# MIS26029169
Details provided by MARIS as Distributed by MLS Grid and may not match the public record.
Listed Office: REO Xpress, LLC - Listing courtesy of MARIS
Phone: 314-916-4116
Last Updated: 2026-10-01 15:07:30
Last Checked: 6 days
Data Source: MARIS, MLS# MIS26029169
Based on information submitted to the MLS GRID as of Oct 06 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS Grid.
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