7220 Raintree Way
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 18, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by EXP REALTY | $359,900 | |
| Listed by EXP REALTY | |||
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*****OPEN HOUSE SAT JULY 24 FROM NOON-2**** Lovingly updated one story home located in the beautiful community of Ryan Ranch. This home boasts extensive landscaping and is a gardeners paradise! Updates include HVAC, Roof, stainless steel appliances, Flooring, front door, Paint and outdoor tuff shed and covered gazebo with lights are included! Too many bells and whistles to name them all but do hurry because this home will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017