6463 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 |
|---|---|---|---|
| Mar 25, 2014 | Sold | ||
| Sold | |||
| Feb 18, 2014 | Listed by Sunshine Properties RealEstate | $469,000 | |
| Listed by Sunshine Properties RealEstate | |||
| Mar 20, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2011 | Listed by Coast & Country Real Estate | $269,000 | |
| Listed by Coast & Country Real Estate | |||
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Panoramic view from this 2 story home. Rural, Agricultural use on this 23 +/- acres parcel in Rainbow Heights. New carpet and paint. There are some plantings of floral protea in need of attention. Land is terraced and planted.USE CAUTION-STEEP DRIVEWAY-PATCHES OF ASPHALT WASHED OUT-BROKEN CONCRETE FILLED -USE LOW GEARS- NO GARD RAILS [Supplement]: Selling agent to verify all information herein. Home sold AS IS, no repairs or warranties. EMAIL OFFERS, include RPA, loan APPROVAL and copy of EM deposit check. Offers must be accompanied by PROOF of funds or Pre approval letter from lender. Owner-occupant buyers need to complete the owner-occ certificate supplement and choice of Title and Escrow. FREDDIE FIRST LOOK PERIOD OVER 8/29/2011, ALL INVESTORS MUST WAIT FOR THIS PERIOD TO END BEFORE OFFERS MAY BE PRESENTED TO FHLMC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017