4720 RAKOWITZ RD
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 |
|---|---|---|---|
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 15, 2026 | Price Decreased |
$698,000
↓ $32K
(4.4%) | |
| Price Decreased | |||
| Dec 26, 2025 | Price Decreased |
$730,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Nov 14, 2025 | Listed by JB Goodwin, REALTORS | $750,000 | |
| Listed by JB Goodwin, REALTORS | |||
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Discover this unique property set on 1.83 acres across two separate lots, offering exceptional versatility and value. The main home boasts 4 bedrooms and 3 bathrooms, providing generous space for comfortable everyday living. It features two living areas, and the fourth bedroom is located on the second floor, offering added privacy. The primary bathroom is impressively oversized, complete with a jacuzzi tub, walk-in shower, and double vanity for a spa-like experience. Additionally, the property includes a guest home with 2 bedrooms and 1.5 bathrooms-perfect for visiting guests, extended family, a ranch hand, or potential rental income. This separate dwelling is set on its own electrical meter, offering convenience and independence. Standout features include an oversized 2-car garage, a gazebo, RV parking, and multiple fenced areas ideal for livestock, making this property an excellent choice for those seeking space, functionality, and rural charm.
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| Jul 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017