1830 Iris Ave
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 18, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | Listed by RE/MAX of Boulder, Inc | $1,495,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Discover this hidden gem! Enter from a private road off of Iris Avenue into a lovely quiet cul-de-sac (without any frontage to the main road). Upon entering the house you will enjoy the wonderful open floor plan with high ceilings, lots of natural light, and updates throughout. The living room and dining room area are spacious and inviting. The kitchen has a stainless steel range and dishwasher, quartz counters, and marble backsplash. It opens into a breakfast nook and spacious family room. The family room is the perfect place to cozy up for a movie or next to the fireplace with a good book! There is an also a main level guest bathroom. The upstairs has three bedrooms and two bathrooms. You will love the primary bedroom! It is spacious and opens into a large ensuite bathroom with a double vanity, large tub, double head walk-in shower, and walk-in closet. Back downstairs, the basement would make an ideal home gym, workshop, home theater, or playroom. It also has plumbing and egress windows so extra bedrooms or a mother-in-law suite could also be added. The two car attached garage is perfect for Colorado winters and the fenced backyard is ideal for Colorado summers. Plus, with owned solar installed in 2023 you will enjoy low electricity bills with energy sustainably produced by your home. Additional major updates include a brand new roof and central cooling system both installed in 2022 and much more. Filled with updates, the house is move in ready! Plus, enjoy close proximity to great local amenities including numerous restaurants, supermarkets, the North Boulder Recreation Center, Growing Gardens, parks, and more!
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| Jan 30, 2024 | Listed | $1,560,000 | |
| Listed | |||
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Seller offering $20,000 in seller concession and lender offering up to $7,800* in lender credit towards lowering the interest rate! Discover this hidden gem! Located on a private cul-de-sac off of Iris Avenue (without any frontage to Iris), this beautifully updated home has everything you want. It's fully modernized, with plenty of space, a great floor plan, amazing neighborhood, fenced backyard, new owned solar, and two car garage! The open floor plan parlor and dining room are filled with natural light and vaulted ceilings. The kitchen has a stainless steel range and dishwasher, quartz counters, and natural marble backsplash. It opens into the breakfast nook and living room. The living room is the perfect place to cozy up for a movie or next to the fireplace with hot coco! There is an also a main level guest bathroom. The upstairs has three bedrooms and two bathrooms. You will love the primary bedroom. It is spacious, filled with natural light, and opens into a large private bathroom with a double vanity, jacuzzi tub, double head walk-in shower, and large walk-in closet. Back downstairs, the large basement would make an ideal home gym, workshop, home theater, or playroom. A two car attached garage is perfect for Colorado winter, the fenced backyard is ideal for Colorado summers. And with owned solar installed in 2023 you will enjoy low excel bills with energy sustainably produced by your home. Plus, enjoy close proximity to numerous restaurants, supermarkets, the East Boulder Rec Center, Growing Gardens, and more! Come check it out this property before it's gone.
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| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by RE/MAX of Boulder, Inc | $1,095,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Don't let the Iris address fool you!! This spacious 2-story is tucked away at the south end of a cul-de-sac well off the main road. Broadly appealing floorplan on a private lot offers tremendous opportunity to update and make a special residence! Well located close to the mountains, trails, open space, and downtown Boulder. Three upper level bedrooms including large primary suite featuring private bath and walk-in closet; cathedral ceilings on main level with nice southern light facing back yard. Good bones and can be lived in as-is, but opportunity is in the potential at this price.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017