7715 RAINFALL RIDGE DR
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 16, 2025 | No longer available | - | |
| No longer available | |||
| Sep 13, 2024 | Listed by Home Team of America | $226,000 | |
| Listed by Home Team of America | |||
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HOME IS LOCATED IN A QUIET SERENE FRIENDLY NEIGHBORHOOD ON A DEAD END CUL DE SAC WITH MIMINAL TRAFFIC. EASY ACCESS TO 410 AND I-35. JUST A FEW MINUTES FROM RANDOLPH AFB. WITHIN THE LAST 15 MONTHS THE LIST OF IMPROVEMENTS INCLUDE : NEW CONCRETE PATIO IN BACKYARD, NEW DUCTWORK IN ATTIC ALONG WITH NEW VENT COVERS,,NEW ATTIC FAN MOTOR AND CONTROL,NEW COLD AIR RETURN VENT, NEW SHINGLES ON ROOF IN MAY 2023, NEW SMOKE DETECTORS IN ALL ROOMS,NEW CO2 DETECTOR,NEW GUTTERS, NEW HOT WATER HEATER,NEW MAIN WATER CUT-OFF AT STREET,NEW FAUCETS FOR WASHER,NEW DISHWASER INSTALLED, NEW GARBAGE DISPOSAL,NEW DRAINPIPES IN KITCHEN AND HALF BATH,NEW LIGHT FIXTURE IN STAIRWELL, NEW CEILING FAN IN UPSTAIRS BEDROOM,LANDSCAPING DIRT AROUND FOUNDATION,NEW SEWER LINE. PRICED WAY BELOW MKT VALUE FOR THE SUBDIVISION! COME BY AND TOUR THIS HOME WHILE IT LASTS!!!
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| Mar 13, 2023 | No longer available | - | |
| No longer available | |||
| Mar 4, 2023 | Price Decreased |
$239,000
↓ $20K
(7.7%) | |
| Price Decreased | |||
| Jan 5, 2023 | Listed by Real Broker, LLC | $259,000 | |
| Listed by Real Broker, LLC | |||
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Looking for a cute home in a cul-de-sac, you found it! This 2 story home has been freshly painted in both the interior and exterior. Beautiful landscaping with mature trees. Large kitchen and living area with wood burning fireplace. Conveniently located near Randolph, Ft. Sam, Forum, and Highways. Come take a look! The manager has listed the unit size as 1908 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017