Lot 18 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%.
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 |
|---|---|---|---|
| Nov 12, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2007 | Sold | ||
| Sold | |||
| Oct 11, 2005 | Listed by Team Realty | $425,000 | |
| Listed by Team Realty | |||
| | |||
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New Construction - Birchwood model, standard features include central air,maple cabinets,corian counters,gas fireplace,9'ceilings on first floor, 2nd sink in master bath oak great room and oak upper hall walk-out bsmt 1.5 bowl kitchen sink. 30 DAYS!!!!!!!READY FOR CLOSING!
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| Jun 1, 2005 | Sold | ||
| Sold | |||
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