43
Map
1606 Iris St
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by WK Real Estate | $750,000 | |
| Listed by WK Real Estate | |||
| | |||
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Sweet ranch style home with a 3-car garage! Wonderful neighborhood that is close to schools, parks, and trails. Quiet and serene location! Vaulted ceilings and plenty of sun add to the appeal of this home. Pleasant curb appeal with lovely front yard landscaping. The functional and open kitchen features an induction range, high ceilings, and stainless-steel appliances. Primary suite with 5-piece bathroom and walk-in closet. Main floor living with main floor laundry. Additional bedroom in basement with a separate bathroom. Fresh coat of interior paint!
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| Aug 23, 2016 | Sold | ||
| Sold | |||
| Sep 9, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017