7427 Rainham Valley Lane
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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%.
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | Listed by REALM Real Estate Professionals - Galleria | $389,000 | |
| Listed by REALM Real Estate Professionals - Galleria | |||
| Mar 28, 2025 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed | $399,900 | |
| Listed | |||
| | |||
|
Introducing The Mitchell Plan by D.R. Horton, a captivating two-story home with modern designs. This home showcases an owner’s suite and a guest suite on the main floor, along with a bright open floor plan and stunning vinyl plank flooring. The gourmet kitchen features upgraded quartz countertops, a tile backsplash, stainless steel appliances, tall cabinets, and a spacious eat-in island. The owner's suite boasts a spa-like bathroom with a soaking tub and separate shower, while the second floor offers a game room and two additional bedrooms. Enjoy the covered rear patio and energy-efficient features like a Rinnai tankless gas water heater. No history of flooding!
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| Mar 18, 2025 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Fort Bend
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017