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9242 RAINBOW FALLS DRIVE
About This Property
Welcome to Victory Lakes, where this three-level residence delivers the perfect combination of everyday functionality, flexible living space, and an impressive list of capital improvements.
๐๏ธ Main Level: The inviting main level showcases a blend of hardwood flooring and LVP, creating a warm and cohesive feel throughout the bright front living area and dedicated home office. The kitchen has been thoughtfully enhanced with granite countertops, a custom tile backsplash, refreshed cabinetry, and a complete appliance package, offering both style and functionality.
๐ฟ Indoor-Outdoor Living: Double French doors open directly from the family room to a spacious 16' x 14' screened porch, creating an inviting extension of the main living area. Step outside to the 16' x 18' stamped-concrete patio, fully fenced yard with a private storage shed-ideal for relaxing, entertaining, and enjoying the outdoors.
๐๏ธ Upper Level: Upstairs, comfortable private quarters feature upgraded carpeting, four spacious bedrooms, and updated bathrooms. The refreshed primary suite adds new mirrors, faucets, and lighting for a clean, modern feel.
๐๏ธ Finished Basement: Continue downstairs to an expansive finished basement offering even more flexibility, with a large recreation room, dedicated home gym area, workshop, and full bathroom. Whether you need space to entertain, work out, pursue hobbies, or simply spread out, this level delivers.
๐ ๏ธ Major Improvements: One of the home's standout features is the extensive list of recent updates designed to provide peace of mind from day one:
โจ HOME UPDATES & IMPROVEMENTS ๐ก
๐งฑ Stamped Concrete Patio - 16' ร 18' - 2005
๐ Screened Porch - 16' ร 14' 2006
๐ Finished Basement - 2012
๐ณ Fencing Installed - 2014
๐ง Rear Drainage System 2016
๐งบ New Washer & Dryer - 2017
๐ก Shed Installed - 2018
โจ New LVP Flooring - 2018
๐ฝ๏ธ Updated Kitchen - 2021
๐ New Appliances - 2021
๐ก๏ธ HVAC Replaced (Heat and A/C) 2021
๐ Driveway Replaced (New Asphalt)- 2023
๐ช Window Replacements - 2024โ2026
๐ New Roof & Gutters - 2025
๐จ Smoke Detectors Replaced - 2026
๐ง Water Heater & Pressure Regulator Valve: Replaced 2026
๐ซ Located in a highly sought-after school zone with convenient access to community amenities, parks, and regional commuter routes, this home offers both comfort and convenience.
With the major systems and exterior components already addressed, you can move in with confidence and focus on enjoying the space, updates, and lifestyle this Victory Lakes home has to offer. ๐
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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%.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Pearson Smith Realty LLC | $840,000 | |
| Listed by Pearson Smith Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017