3 Rainbow Way
Malta, NY 12020
3 bd 2 ba 1,920 sqft Built 1999 Lot 93,654 sqft single_family
Most recent sale
$499,000
Dec 1, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2021 | Sold | $499,000 | MLS #202126607 |
| Aug 25, 2021 | Price changed | $499,000 | MLS #202126607 |
| Aug 19, 2021 | Listed | $525,000 | MLS #202126607 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $475,700 | $87,300 | $563,000 | $8,697 |
| 2024 | $443,700 | $87,300 | $531,000 | $8,417 |
| 2023 | $306,100 | $82,900 | $389,000 | $7,217 |
| 2022 | $277,100 | $82,900 | $360,000 | $7,208 |
| 2021 | $253,100 | $82,900 | $336,000 | $6,512 |
| 2020 | $237,100 | $82,900 | $320,000 | $6,114 |
| 2017 | $237,100 | $82,900 | $320,000 | $1,130 |
| 2016 | $237,100 | $82,900 | $320,000 | $5,747 |
| 2015 | $232,100 | $67,900 | $300,000 | $5,797 |
| 2014 | $232,100 | $67,900 | $300,000 | $5,643 |
| 2013 | $232,100 | $67,900 | $300,000 | $1,046 |
| 2012 | $232,100 | $67,900 | $300,000 | $5,789 |
| 2011 | $232,100 | $67,900 | $300,000 | $5,725 |
| 2010 | $232,100 | $67,900 | $300,000 | $5,662 |
Property facts
Year built
1999
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,920 sqft
Lot size
93,654 sqft
ZIP code
12020
City
Malta
Street
Rainbow Way
Coordinates
43.01718, -73.78089
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,994
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3 Rainbow Way last sell?
3 Rainbow Way most recently sold on Dec 1, 2021 for $499,000.
What is the current tax assessment for 3 Rainbow Way?
The most recent total assessment for 3 Rainbow Way (year 2025) is $563,000 with $8,697 in property tax.
How does 3 Rainbow Way's assessment compare to its last sale price?
The current assessment is 12.8% above the last sale price of $499,000.
When was 3 Rainbow Way built?
3 Rainbow Way was built in 1999.
How does 3 Rainbow Way compare to others on Rainbow Way?
We track 2 other properties on Rainbow Way. Browse the list under "Other properties on Rainbow Way" to compare beds, baths, and sale history.
What are the property facts for 3 Rainbow Way?
3 Rainbow Way is a 3 bed, 2 bath, 1,920 sqft, 93,654 sqft lot single_family.
Is 3 Rainbow Way a flip candidate?
No — 3 Rainbow Way does not appear in our flips dataset.
Is 3 Rainbow Way a tax-appeal candidate?
No — 3 Rainbow Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.2%
2026 Q3
$472.4K
2026 Q4
$478.1K
ZIP 12020 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Way