2248 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 |
|---|---|---|---|
| Jan 19, 2015 | Sold | ||
| Sold | |||
| Dec 9, 2014 | Listed by Century 21 Award | $399,900 | |
| Listed by Century 21 Award | |||
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Beautifully remodeled home perfectly situated in a quaint little neighborhood walking distance to schools. Newly redone, this home’s kitchen is complete with designer kitchen cabinetry and glass tile back-splash is sure to impress. Lots of extra room in this cooks kitchen. The kitchen and bathrooms are complete with slab granite counter-tops. The spacious living room has new laminate wood floors while the bedrooms are fresh new carpet. This home will not last! Neighborhoods: Nestor Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Nov 5, 2014 | Sold | ||
| Sold | |||
| Aug 4, 2014 | Listed by Keller Williams Realty | $305,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017