2221 Iris Avenue
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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by LoKation | $19,500 | |
| Listed by LoKation | |||
| Jul 5, 2024 | Listed | $15,000 | |
| Listed | |||
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Discover the perfect canvas for your dream home on this expansive .26 acre lot in Sebring . Nestled in a serene neighborhood , this property offers ample space for custom design and lifestyle pursuits . Enjoy nearby amenities , schools , and recreational facilities. Embrace a prime location that balances tranquility with convenience . Buyers to verify all information and to conduct their due diligence . Don't miss out on the opportunity to create your ideal living space in Sebring!
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| Aug 19, 2005 | Sold | ||
| Sold | |||
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About Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017