52 Rainbow 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 |
|---|---|---|---|
| Feb 28, 2019 | Sold | ||
| Sold | |||
| Jan 21, 2019 | Listed by RE/MAX On The River, Inc. | $379,999 | |
| Listed by RE/MAX On The River, Inc. | |||
| Jan 11, 2016 | Sold | ||
| Sold | |||
| Dec 1, 2015 | Listed by Thread Real Estate, LLC | $289,900 | |
| Listed by Thread Real Estate, LLC | |||
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This beautiful Bradford classic cape style home has been remodeled top to bottom. It sits on a large flat level lot in a fairly new subdivision. The remodeled kitchen has granite counter tops and GE stainless appliances. There is an excellent wood burning stove in the living room with maple hardwood floors that flows in the spacious dining room. The second floor includes 3 bedrooms, including a master with dual closets. This cape has a bathroom on each floor and new large windows through out. Broker open house December 3 from 11am to 12pm. A public open house will be held on December 6 from 11am to 1pm. This home is priced to sell quickly. All offers reviewed Monday December 7 12 noon.
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| Sep 24, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017