8 Rainbow 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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Listed by Suburban Lifestyle Real Estate | $729,900 | |
| Listed by Suburban Lifestyle Real Estate | |||
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Come see this wonderful home located in a cul-de-sac in the desirable town of Medway. This meticulously maintained home has nice open floor plan.The family room has hardwood floors, wood fireplace, 1/2 bath w/laundry and garage access. The spacious eat in kitchen has stainless appliances, granite counters, dining area and access to a sunroom that leads out to the level, private yard with full fenced in saltwater inground pool and fire pit. The living room & dining room are both bright & sunny with hardwood floors. Upstairs you will find 4 ample sized bedrooms.The primary bedroom has walk in closet, full bath and large walk in closet. The other 3 bedrooms all have hardwood floors & plenty of closet space. There is also a finished basement perfect for playroom/office/workout space. Located close to the highway! Gas heat, passing Title V and beautiful yard make this a fantastic home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017