1708 Iris LN
About This Property
Upon arrival you'll see the contrasting light brick and modern blue trim, low-maintenance landscaping and a giant swing-ready tree in the front yard - all creating ample curb appeal. Inside you'll find fresh paint, updated wood-like flooring, brand new carpet, updated fixtures, stylish baths and light filled interiors. Three spacious bedrooms upstairs with a large walk-in closet in the primary suite and a custom built-in desk overlooking the park in a guest room - perfect as an office or workspace.
Your two and four legged friends will delight in the huge backyard, entertain the whole crew on the oversized deck, surround yourselves around the firepit, build a garden, play corn hole - there is space for it all!
Residents of CP love this location for its proximity to all the area has to offer. Just minutes from local eateries, shopping, pampering and more plus top rated LISD schools. In addition to the annual Independence Day celebration at Milburn, you'll also enjoy year-round events including BBQ cookoffs, movies in the park, concerts and so much more. This home and its location is a true treasure - you'll love it here!
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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 28, 2024 | In contract | - | |
| In contract | |||
| Apr 27, 2024 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 17, 2024 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Apr 6, 2024 | Price Decreased |
$435,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Mar 15, 2024 | Price Decreased |
$445,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017