901 N Rainbow Drive
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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 1, 2024 | Listed by Chase Real Estate LLC | $294,700 | |
| Listed by Chase Real Estate LLC | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 5, 2024 | Listed by Chase Real Estate, LLC | $294,700 | |
| Listed by Chase Real Estate, LLC | |||
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Homewood Flosmoor HS! Beautifully updated and ready for new owners. Please note that the property taxes do NOT reflect your homeowners exemption once received. The savings is about $2000/yr, but ask your lender/agent/attorney for exact number. Gorgeous new kitchen with quartz countertops, white shaker style cabinets and all stainless appliances. All new Flooring, including luxury vinyl plank flooring and all new carpet. All new interior paint, fixtures and lighting. Please view the 3-D tour and schedule your private showing TODAY! The manager has listed the unit size as 1641 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017