52848 Raines Rd
About This Property
The updated gourmet kitchen is the heart of the home, offering Carrara marble countertops, a large island, hardwood floors, double ovens, and a cooktop. An adjoining dining area and family room provide plenty of room for both formal gatherings and casual evenings at home, while additional living and dining spaces give everyone room to spread out.
With four generously sized bedrooms, four bathrooms, a dedicated office/library, and finished basement, this home offers exceptional versatility. The primary suite is a peaceful retreat with a walk-in closet and luxurious 5-piece bath, including a jetted tub positioned to take in the serene views.
The finished basement adds even more living space with a comfortable family room, two additional bedrooms, full bath, and exercise area. Outside, the home continues to impress with expansive outdoor living space, a large back deck, and an attached 3-car garage.
Impeccably maintained and move-in ready, this one-of-a-kind custom home offers a rare combination of scale, character, views, and functionality in one of Limon's most desirable locations.
This property is co-listed by: Michelle Carey of HomeSmart Realty and Melinda Holforty of Venture Point Realty
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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 |
|---|---|---|---|
| Sep 13, 2026 | Listed | $635,000 | |
| Listed | |||
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Listed by HAYDEN OUTDOORS LLC | $625,000 | |
| Listed by HAYDEN OUTDOORS LLC | |||
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Standing tall, this beautiful home has a presence in its small town. An abundance of towering floor-to-ceiling windows overlook the eastern plains. Boasting 4 generously sized bedrooms, 3 living spaces (one being the expansive great room that is perfect for entertaining), both formal and casual dining areas, 4 bathrooms, an office/library, a large sunroom that can function as an additional office, a exercise space, 2 bar areas and much more. The updated eat-in kitchen displays alluring marble countertops, allowing for a light and airy feel that connects the interior to the large back deck. This home is a stand-out.
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| May 11, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017