5616 Raintree Dr
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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by KENTWOOD REAL ESTATE DTC, LLC | $1,725,000 | |
| Listed by KENTWOOD REAL ESTATE DTC, LLC | |||
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Near-new Celebrity Homes masterpiece built in 2020 and now less than Celebrity is now less than model after landscaping, etc.!!! Verify for yourself and we are ready to go now - why wait? Modern style, bright, light and open. Large, private lot of 1.497 acres with incredible views out the front, side and rear of this enchanting home - fence in and pool/pool house plans available. The photos do not do the views justice. Enjoy sunrises and sunsets from the spacious front and rear patios. This is a very unique setting with some of the best views in the renowned Pradera Golf Club community. Plans for a pool, pool house are available! Private and quiet is assured here. The proud owners have invested over $500,000 into landscaping, finishing the basement, upgrading some cabinets, customizing both primary suite closets, heated primary bathroom floor, Jellyfish lighting, finished garage flooring, additional garage cabinets with a work bench, window covering and more! This is move-in ready so why wait to build and then do landscaping window treatments, etc.? Kitchen and family room create one Great Room with retractable sliding windows to bring in the outdoors. Enjoy the flexibility this amazing floorplan offers with one secondary bedroom and the primary bedroom on the main floor plus two more bedrooms on the lower level. The expansive game room on the lower level with a most impressive wet bar, fireplace and exercise area are to die for when it comes to children/entertaining having a great time. Ample space for pool table, working out, media area, hobby area and more. Note 9'6" ceilings in the lower level for even a golf simulator!!! Drive your private golf cart mere blocks to the Pradera Golf clubhouse for a round, dinner or hit the driving range. Quick and easy access to shopping, hospitals, restaurants, highways, DTC, DIA, Park Meadows Mall and more. Pradera is in the middle of Parker and Castle Rock for convenience. Don't miss out on a rare opportunity!
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| Nov 16, 2020 | Sold | ||
| Sold | |||
| Nov 10, 2020 | Listed | $881,334 | |
| Listed | |||
| Dec 3, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017