$1,450,000
●
House -
Off Market
2 Iris Street
Hempstead, NY 11516
4 Beds
3 Baths
2,993 Ft²
$9,217
Est. Monthly
About This Property
Location Location Location! A classic and charming center hall
colonial situated in the heart of Cedarhurst, providing walking
distance to local favorites. This remarkable home boasts 4 bedrooms
& 3 full baths along with a fully finished basement. Greet your
guests with plenty of entertainment space, including a dining room,
formal living room, & family room. Sizable kitchen with sliding
door access to a beautifully peaceful backyard. Master bedroom
complete with custom made, grandiose master bath and walk-in
closet, which may also function as a separate office space. Fully
finished basement includes convenient wet bar for all of your
hosting needs! Relax and unwind in the recently renovated, detached
garage space. This former garage includes skylights and new
flooring and has been converted into a studio space for your
favorite hobbies. Low taxes and prime location equal a must-see in
the Cedarhurst neighborhood!, Additional information:
Appearance:Very Good
Unit Size
2,993 Ft²
Days on Market
259 days
Land Size
0.19 acres
Price per sqft
$531
Property Type
House
Property Taxes
$1,415
HOA Dues
-
Year Built
1928
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYL3504174)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2023 | Price Decreased |
$1,589,000
↓ $10K
(0.6%) | |
| Price Decreased | |||
| Sep 21, 2023 | Listed by Howard Hanna Coach | $1,599,000 | |
| Listed by Howard Hanna Coach | |||
| | |||
|
Location Location Location! A classic and charming center hall colonial situated in the heart of Cedarhurst, providing walking distance to local favorites. This remarkable home boasts 4 bedrooms & 3 full baths along with a fully finished basement. Greet your guests with plenty of entertainment space, including a dining room, formal living room, & family room. Sizable kitchen with sliding door access to a beautifully peaceful backyard. Master bedroom complete with custom made, grandiose master bath and walk-in closet, which may also function as a separate office space. Fully finished basement includes convenient wet bar for all of your hosting needs! Relax and unwind in the recently renovated, detached garage space. This former garage includes skylights and new flooring and has been converted into a studio space for your favorite hobbies. Low taxes and prime location equal a must-see in the Cedarhurst neighborhood!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Five Towns
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017