404 Rain Cloud TRL
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 |
|---|---|---|---|
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Real | $280,000 | |
| Listed by Real | |||
| Aug 10, 2020 | No longer available | - | |
| No longer available | |||
| Aug 7, 2020 | Listed | $189,900 | |
| Listed | |||
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Updates galore! Welcome to 404 Rain Cloud Trail where you'll appreciate the recent updates to include fresh paint, new wood look vinyl plank flooring and new carpet in bedrooms. You'll love the open style kitchen that offers ample counter top space, an abundance of cabinetry, a pantry and new appliiances to include a dishwasher, built in microwave and range. Also comes with a refrigerator! The split floor plan offers that much desired privacy with the master bedroom located away from the minor bedrooms. Master bath offers a separate shower and garden tub with a beautiful glass block window. You'll enjoy the privacy while relaxing out back on the covered patio with no neighbors directly behind the home. Full yard sprinkler system, garage door opener and new roof installed in 2014. Call your agent for a tour before it's gone! Thank you. The manager has listed the unit size as 1942 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017