5741 Rainbow Heights Road
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 |
|---|---|---|---|
| Aug 20, 2026 | Listed by Sunshine Properties RealEstate | $879,000 | |
| Listed by Sunshine Properties RealEstate | |||
| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 22, 2018 | Listed by Big Block Realty, Inc. | $525,000 | |
| Listed by Big Block Realty, Inc. | |||
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Range $499,000 to $525,000. Come see this beautifully remodeled home in heart of Fallbrook. This gem features a new kitchen, quartz countertops, wood cabinets, designer flooring, porcelain tile, paint, carpet, stainless steel appliances and a wood burning fireplace in the living room. All rooms upstairs with a 3 car garage + bonus storage room are ground level. With stunning mountain views from every room and 3 usable acres to call your own. Don't miss this home today! Neighborhoods: Rainbow Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: GSL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017