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4207 Rainier Street
About This Property
plan: a front living room with wood-look flooring, a big tiled family and dining space anchored by a white-painted brick wood-burning fireplace,
and a sliding door out to the patio. The kitchen sits right in the middle of it all with an island, breakfast bar, double stainless sink, tile backsplash,
pendant and recessed lighting, and room for everybody. Three bedrooms are split off their own hall, including a primary with walk-in closet and
private bath with separate shower; the hall bath has a long double-sink vanity. A separate carpeted bonus room adds flexible square footage for
a game room, media room, office or fourth bedroom. Fresh paint, ceiling fans throughout, big fenced backyard with mature shade trees, storage
shed and open patio. Terms are negotiable. Buyer and buyer's agent to verify all information.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by eXp Realty, LLC | $350,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017