2 Iris Way #2
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 |
|---|---|---|---|
| Mar 30, 2015 | Sold | ||
| Sold | |||
| Aug 4, 2014 | Listed by Berkshire Hathaway HomeServices Verani Realty | $229,800 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| | |||
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Rare find at Brickett Hill. Ranch style unit with 2 bedrooms on main level and attached 1 car garage. Unit has been recently repainted inside. Good size living room with wood burning fireplace. Formal dining room. Eat in, fully applianced kitchen, hall closet, stackable washer/dryer. Master bedroom with 3/4 bath. 2nd bedroom with slider to private patio. 2nd floor with family room and 1/2 bath. New rugs throughout 2014
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2022
|
2 Bed
|
3 Bath
|
1692 ft²
|
$324,000
2 Bed
3 Bath
1692 ft²
|
$324,000
08/05/2022
|
Christine Licata
Keller Williams Realty
| |
|
08/04/2014
|
2 Bed
|
3 Bath
|
1692 ft²
|
$229,800
2 Bed
3 Bath
1692 ft²
|
$220,000
-4.26%
03/30/2015
|
Christine Licata
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017