503 Mount Rainier St
About This Property
A generous loft provides versatile space for a home office, recreation area, or additional living room. The primary suite serves as a private retreat, featuring a double-sided fireplace that connects to the spa-like ensuite bathroom. The finished basement expands the living area with a family room, a bedroom or study with its own fireplace, substantial under-stair storage, and a framed, pre-wired bathroom along with space for a fifth bedroom ready for completion.
The home also features an epoxied garage floor, adding both durability and a polished finish to the space. As well as a reverse osmosis water purifying system in the kitchen.
Positioned on a corner lot, the property offers multiple outdoor living areas and added privacy with open space behind the backyard. The location allows for a short walk to the neighborhood pool and the dining options in Old Town Berthoud. Public records indicate a 2016 build year; however, construction was completed in 2018.
The annual neighborhood fee is $500, which includes $216 for pool access and $284 for landscape maintenance.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$637,900
↓ $100
(0%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$638,000
↓ $20K
(3%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$658,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017