4619 Rainbow Run
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 15, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by FIG Real Estate, LLC | $424,900 | |
| Listed by FIG Real Estate, LLC | |||
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This beautifully maintained and updated home boasts mature trees and no neighbors on the left or behind. The home has an open-concept, that's perfect for entertaining, and an eat-in kitchen with gas cooktop/stove, granite countertops, island, bar stool area, and coffee bar. Three bedrooms are on the first floor, including the primary, with the fourth bedroom upstairs. The second floor family room features a wet bar and additional playroom. The home has spacious storage plus a beautiful back yard. Upgrades include new walk-in shower w/ premium glass doors in primary en suite, high efficiency windows and gas/electric HVAC system, premium storage shed, upgraded electrical switches and outlets (2018), new gutters and electrical panel (2019), new wood fence (2020), and new roof (2021). Zoned to Clements High School and walking distance to many neighborhood parks, First Colony Aquatic Pool Center, shops and the grocery store, this home has the best of everything Sugar Land has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017