519 Rainswept Pass Drive
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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 |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Keller Williams Realty Metropolitan | $325,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Step into modern comfort in this thoughtfully maintained home featuring a 5-year-old roof, HVAC & water heater, plus updated carpet & fresh paint—giving you a move-in ready canvas to personalize. Your location in the master-planned Summer Lakes community offers quick access to Hwy 59 & 99 for smooth commuting, plus shopping, dining, & entertainment in Rosenberg & Sugar Land. Enjoy neighborhood perks like walking trails, peaceful lakes, playgrounds, and a refreshing pool—perfect for embracing both relaxation & recreation close to home. Inside, your open-concept floor plan offers an office and formal dining. Experience seamless flow between the living, dining, & kitchen spaces for comfortable daily living & easy entertaining. The spacious backyard sets the stage for weekend BBQs or quiet evenings under the sunset. Whether you're starting fresh or planting long-term roots, this home delivers the lifestyle flexibility today’s buyers seek.
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| Sep 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 9, 2025 | Price Decreased |
$338,900
↓ $6K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017