6
Map
8219 RAIN DANCE
About This Property
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | Price Decreased |
$25,182
↓ $6K
(20.1%) | |
| Price Decreased | |||
| Sep 15, 2023 | Listed by ListingSpark | $31,522 | |
| Listed by ListingSpark | |||
| Jun 22, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Redbird Realty LLC | $30,000 | |
| Listed by Redbird Realty LLC | |||
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This level, lot measures .22 acres and is zoned for single-family residential use. All utilities, including water, sewer, gas, and electricity are available at the lot line, making it easy to connect and build your dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017