761 RAINBOW DRIVE #761A
About This Property
The manager has listed the unit size as 418 square feet.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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, 2023 | No longer available | - | |
| No longer available | |||
| Mar 3, 2023 | In contract | - | |
| In contract | |||
| Mar 1, 2023 | Listed | $440,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2023
|
1 Bed
|
1 Bath
|
418 ft²
|
$440,000
1 Bed
1 Bath
418 ft²
|
-
-
|
Matthew Stoia
Paffrath & Thomas Real Estate
| |
|
07/02/2022
|
1 Bed
|
1 Bath
|
418 ft²
|
$449,900
1 Bed
1 Bath
418 ft²
|
$442,500
-1.64%
08/22/2022
|
Anne Marie Ohly
Omni Real Estate
| |
|
09/04/2018
|
1 Bed
|
1 Bath
|
418 ft²
|
-
1 Bed
1 Bath
418 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017