50
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15611 Lake Iris Drive
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%.
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 |
|---|---|---|---|
| Apr 20, 2026 | Price Decreased |
$676,000
↓ $9K
(1.3%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by Realty USA | $685,000 | |
| Listed by Realty USA | |||
| Dec 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 29, 2025 | Price Decreased |
$685,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Feb 25, 2025 | Listed by Realty USA | $695,000 | |
| Listed by Realty USA | |||
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Well maintained home in a MANNED GATED community, it features OPEN FLOORPLAN, high ceilings, an entertaining kitchen that is opened to the living room, breakfast area, has built in side by side stainless steel fridge, double ovens, cooktop with griddle, separate ice maker, huge island, and plenty of cabinet spaces. Formal dining, office/study has double French doors for privacy. 3-car tandem garage. Primary bedroom down, bath has tub and separate shower, his and hers sink. Spacious game room and media room up. GENERAC system installed for those just in cases. Covered patio with built in grill and fridge. Enjoy your nice day out in the backyard, or walk across the main street to the VINATGE PARK and try out the many restaurants, shop the retailers, enjoy the many other entertainments and activities it has to offer. Easy access to major highways and tollways. Great school district. Never flooded. Don't miss out this great opportunity to make this your new home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017