5614 Rainbow Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Keller Williams Signature | $233,000 | |
| Listed by Keller Williams Signature | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed | $235,000 | |
| Listed | |||
| | |||
|
NO CARPET! This beautifully updated home features BRAND-NEW LUXURY VINYL FLOORING, FRESH PAINT throughout, and a SLEEK EPOXY-COATED garage. Enjoy easy access to I-10, with shopping, dining, and entertainment just minutes away. Plus, no back neighbors means extra privacy—an unbeatable bonus! Don't miss this move-in-ready gem!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017