12304 Blue Iris Lane
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%.
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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 |
|---|---|---|---|
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Mar 26, 2022 | No longer available | - | |
| No longer available | |||
| Mar 25, 2022 | Listed by Magnum Realty | $575,000 | |
| Listed by Magnum Realty | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Jan 20, 2022 | Listed by Magnum Realty | $549,000 | |
| Listed by Magnum Realty | |||
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Beautiful Brick front 2story Home With Gorgeous Brick Paver Patio W/Premier Lighting Backing to Stocked Pond With A Beautiful View. Brand New Italian Porcelain Flooring Thru out 1st Floor. 9 Ft. Ceilings on Main Level. Formal Living & Dining Room. Huge Two Story Family Room with Stacked Windows, 3 Full Baths. Floor to Ceiling Fireplace (Gas & Wood Burning) & 2nd Flr Overlook. Family Rm is completely Open to the Kitchen w/42" Cabinetry, Granite Counters, Lg. First Flr Den/Office. Luxurious Double Door Master Suite w/Ash Tray Ceiling, Luxury Pvt Bath w/Whirlpool Tub, Dbl Sinks, Sep Shower, 2 Huge his & her closets. 1st Floor. Full Unfinished Basement with 9 Ft. Ceiling, Roughed Plumbing & plenty of Storage .Extensive Landscaping. 3 car Garage. Highly Rated Plainfield School District 202. Multiple offers received. Showings this Sat. & Sun only. All offers to be submitted by 7pm Monday 1/24 . The manager has listed the unit size as 3607 square feet.
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About Plainfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017