4985 Rainbow Trout ROAD
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 |
|---|---|---|---|
| Jun 2, 2025 | Price Decreased |
$379,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Apr 2, 2025 | Price Decreased |
$389,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Feb 1, 2025 | Listed | $398,500 | |
| Listed | |||
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OWNER WILLING TO FINANCE FOR THE FIRST 12 MONTHS! Charming Huntley Elevation Home with Premium Upgrades in Royal Harbor! Discover the perfect blend of comfort, style, and efficiency in this beautifully upgraded Huntley elevation home, located in the sought-after 55+ Royal Harbor community! From the moment you step inside, you’ll be captivated by the 11’ ceilings and open floor plan, leading to a cozy Florida room with vinyl windows—ideal for year-round relaxation.
Interior Features: Gourmet Kitchen: Maple Spice cabinets with slide-out shelves, stainless steel appliances, Corian countertops, and a gas range with convection microwave. Luxury Bathrooms: The primary suite features a custom-built Roman shower with a built-in seat and linen shelf. Both bathrooms offer elegant Corian countertops. Energy-Efficient Upgrades: Radiant Barrier attic insulation, thermal windows, and a separate water meter for irrigation help keep utility costs low. Recent Updates: New Roof (2021), New AC (2019), Tankless Instant Hot Water Heater (2024), Cabinet Depth Refrigerator (2022), Additional Touches: Crown molding, stylish kitchen backsplash, and a gas-powered central heating system (range and dryer are also pre-wired for electric). Exterior & Community Perks: Spacious Garage: Includes a utility sink, painted floor, and screen doors. Manicured Landscaping: Enhanced with concrete curbing for a polished look. Royal Harbor Amenities: Enjoy an active lifestyle with pickleball, shuffleboard, tennis, horseshoes, and a variety of clubs, including crafting, card games, and a library. Prefer to relax? Lounge by the resort-style pool or fish off the community dock on Lake Harris. Gated Security: Peace of mind in a welcoming neighborhood. NO CDD Fees! This meticulously maintained home is a rare find in Royal Harbor—a community designed for fun, relaxation, and connection. Don’t miss your chance to live your best life in this move-in-ready gem!
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| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by WATSON REALTY CORP | $374,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017