1214 Iron Glen Drive
About This Property
Fantastic like-new one-story home nestled in the highly desirable Lake Pointe community!
This cute and cozy open split floor plan offers a functional layout with no wasted space and beautiful wood flooring throughout the main living areas.
The inviting living room flows seamlessly into the kitchen and dining area, creating the perfect space for everyday living and entertaining.
The bright kitchen features abundant windows for natural light, stainless steel appliances, granite countertops, and a large island ideal for gathering.
The spacious primary suite offers a relaxing retreat with a private bath that includes a separate shower and garden tub, marble countertops with dual sinks, and a large walk-in closet.
An additional living area or office space provides flexibility for working from home, a playroom, or a second lounge area.
In the backyard, enjoy relaxing, BBQing, or entertaining under the covered patio, complete with a privacy fence and no back neighbors.
Residents of Lake Pointe enjoy great neighborhood amenities, including a community swimming pool, playground, and convenient access to the lake, all just a short drive away.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by Arise Capital Real Estate | $315,000 | |
| Listed by Arise Capital Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017