5645 Rainbow Heights RD
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 |
|---|---|---|---|
| Dec 9, 2016 | Sold | ||
| Sold | |||
| Oct 14, 2016 | Listed by Karchin.com | $568,000 | |
| Listed by Karchin.com | |||
| Jul 1, 2014 | Sold | ||
| Sold | |||
| Feb 4, 2014 | Listed by CR Properties Real Estate | $499,000 | |
| Listed by CR Properties Real Estate | |||
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Back on market, buyer did not perform. 3 BR, 3 BA, office, huge country kitchen, 5 fireplaces, multiple porches & views. 3 outbuildings, 2 metal storage sheds on 2 legal parcels; each parcel has it's own water meter & electric service and can easily accommodate RVs, toys, multiple vehicles. North parcel is fenced and gated & has a metal roof covered work area where previous owner created welding artworks. Unique property with a lot of character, versatility and potential; a gemstone for the right buyer. Neighborhoods: Rainbow Equipment: Garage Door Opener, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL,SSLP
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017