502 Rain Cloud Drive
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 7, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Keller Williams Elite | $354,900 | |
| Listed by Keller Williams Elite | |||
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Discover space, comfort, and peace of mind in this incredible home featuring a giant backyard on a generous lot, perfect for entertaining, gardening, or simply enjoying the outdoors. This property comes with an extended home warranty through Cinch for added protection and value. Inside, you'll find two conveniently located downstairs bedrooms, ideal for guests or multi-generational living. Enjoy year-round comfort with an upgraded, energy-efficient AC system. Plus, the home backs up to a pipeline, meaning no back neighbors for added privacy and tranquility. Don’t miss your chance to own this one-of-a-kind home. Schedule your private showing today!
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| May 20, 2025 | Price Decreased |
$354,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| May 8, 2025 | Listed | $359,900 | |
| Listed | |||
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Beautiful 4-Bedroom home in Barbers Hill ISD--Low Tax Rate! Located on a quiet cul-de-sac, this better than new 4-bedroom, 3-bath home offers an upgraded HVAC system as well as a transferable home warranty. Enjoy a spacious open layout, a modern kitchen, a serene first floor primary suite, situated on .25+acre lot perfect for outdoor fun! Don't miss out----schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017