6861 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 |
|---|---|---|---|
| Apr 24, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2019 | No longer available | - | |
| No longer available | |||
| Oct 15, 2019 | Listed by Berkshire Hathaway Home Serv | $1,098,747 | |
| Listed by Berkshire Hathaway Home Serv | |||
| Sep 16, 2019 | Listed | $1,098,747 | |
| Listed | |||
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Exquisitely detailed custom view home in picturesque Rainbow Heights area of Fallbrook. From your hilltop retreat, your views will include twinkling lights below & star-studded skies above as well as panoramic vistas to the ocean. Relax on the outdoor patio with wood burning fireplace and enjoy the soothing pondless waterfall. Captivating views from your dramatic great room and remodeled kitchen will soothe your senses. Quality solid core doors, walk-in showers and thoughtful design features are abundant. The manager has listed the unit size as 3400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017