23 Iris
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | Listed by Coldwell Banker Hickok and Boardman | $730,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
| Dec 7, 2017 | Sold | ||
| Sold | |||
| Oct 13, 2017 | Listed by Rossi & Riina Real Estate | $450,000 | |
| Listed by Rossi & Riina Real Estate | |||
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Pristine South Burlington Home located in Dorset Park! Featuring a gorgeous kitchen with soapstone countertops, stainless appliances and custom cabinets. The open floor plan includes a dining room, large family room, great room with gas fireplace and a lovely three-season porch overlooking a tastefully landscaped backyard. Hardwood floors, cherry trim highlights, heated 2 car garage, over-sized mudroom plus a great finished basement space. Not only does the community include a pool, and two tennis courts, but this stunning property backs up to the Dorset Park Recreation area which includes Cairns skating rink, baseball fields, soccer fields, and a playground. Right around the corner you will find the bike path, hiking trails, Vermont National Country Club, and VT Garden Park!
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| Oct 26, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017