8405 Rayleine Drive
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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 |
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| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | $555,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Bay Area | |||
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GORGEOUS beautiful home on over a quarter acre lot with a LAKE VIEW!! POOL and SPA, huge solar panel array brings your utility bills down very LOW!! 3-car garage features epoxy flooring; 2-story family room with floor-to-ceiling stone, light and bright kitchen has been updated with QUARTZ COUNTERTOPS and gorgeous glass tile backsplash , STAINLESS STEEL APPLIANCES, and a LARGE ISLAND! Primary suite with en-suite bath featuring separate shower with glass surround, corner tub. The home features HAND-SCRAPED BRAZILIAN CHERRY WOOD flooring in main areas and in the Primary Suite. No Carpet in the home! Backyard oasis features a gorgeous heated POOL and SPA surrounded by plenty patio space and still LOTS of yard leftover for play!! There's even a built-in Pizza oven in the back yard! Everything you want it in a home, this one has it all!
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| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Realty Associates | $475,000 | |
| Listed by Realty Associates | |||
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GORGEOUS Pearland home in the Silverlake area on over a quarter acre lot with a LAKE VIEW!! POOL and SPA; three car garage; this home has IT ALL!!! Home is EASY ACCESS to 288, CLOSE to SHOPPING and in a QUIET neighborhood. Kitchen has been updated with QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, and a LARGE ISLAND with a WALK-IN pantry. Master suite has been entirely renovated!! HAND-SCRAPED BRAZILIAN CHERRY WOOD flooring in main areas and in the MASTER BEDROOM. Backyard oasis with gorgeous POOL and SPA surrounded by plenty patio space and still LOTS of yard leftover for play!! Even a built in brick oven in the back. Oversized 3-car detached garage with EPOXY FLOORING and a large workbench!! Don't miss out on this one, call to see it TODAY!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017