118 Iris Street
About This Property
Listed By
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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 27, 2026 | Listed by Magnolia Realty | $94,900 | |
| Listed by Magnolia Realty | |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 5, 2024 | Listed by Agents Of Texas, LLC | $178,000 | |
| Listed by Agents Of Texas, LLC | |||
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Discover unparalleled possibilities on this vacant land nestled in the heart of a highly coveted luxury neighborhood. Spanning .827 acres, this prime parcel offers a blank canvas for your dream estate, surrounded by opulent residences and lush landscapes. Elevate your lifestyle with the opportunity to build a bespoke home in this exclusive enclave, where sophistication meets serenity. Don't miss the chance to shape your vision into reality in this prestigious locale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017