1491 Wild Iris Lane
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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 |
|---|---|---|---|
| Aug 3, 2011 | Sold | ||
| Sold | |||
| Jul 7, 2011 | Listed by WATSON REALTY CORP | $229,900 | |
| Listed by WATSON REALTY CORP | |||
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NOT A SHORT SALE ! All Brick home in wonderful gated community of Pace Island offering 4 bdrms. 2 full baths, formal living, formal dining, large family room with fireplace, galley kitchen with granite countertops, new range,and refrigerator. Enclosed hot tub/spa area with separate ac unit. Large master with trey ceiling, large European style master bath with garden tub/separate shower, double sink vanity, and huge walk-in closet. This is a must see!!
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| Oct 15, 2010 | Listed by WATSON REALTY CORP | $239,000 | |
| Listed by WATSON REALTY CORP | |||
| Mar 16, 2010 | Listed by RE/MAX SPECIALISTS | $255,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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Wonderful...Beautifully kept home on a quiet cul-de-sac in lovely gated, safe Pace Island in great school district. Full brick home with lots of tile and newer carpet. Additional 183 square foot climate controlled Florida room with 42 jet hot tub/spa not included in base square footage. Low e glass throughout. Low voltage, high efficiency lighting. All Whirlpool appliances stay. Quality custom built by engineer in 1993-94 to a high standard of finish. All records available.
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| Jul 27, 2009 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $277,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Perfect brick home in gated Pace Island. Meticulously kept home w/open floor plan and conservation views. Climate controlled Fl room w/spa. Huge master suite w/tiled bathroom and lg walk in closet. Tile and new carpet. Beautifully landscaped private lot. Great amenities-club house,2 pools, tennis,community dock,walking trails, soccer,basket ball. $2500 allowance for granite counter tops.
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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017