$3,520,000
●
House -
Off Market
270 Iris Way
Palo Alto, CA 94303
4 Beds
3 Baths
2,217 Ft²
$4,545,494
RealtyHop Estimate
22.88%
Since Jul 1, 2020
CA-San Francisco
Primary Model
About This Property
This is a special, executive home on an idyllic street. Enjoy the
fine finishes like hardwood floors with inlaid detailing, crown
molding, and skylights that capture abundant natural light. The
efficient floor plan has a wonderful flow that is open and
inviting. Two master suites feature awesome walk-in closets and
beautiful bathrooms with dual vanities. The two front rooms would
make perfect bedrooms or home offices. Access the grassy backyard
and detached garage through sliding glass doors in the family room
or back master suite. Plentiful parking with an electrical
outlet in the extra-long driveway. Multi-zoned heating and
cooling enable year-round comfort. Moments from stores, schools,
and commuter routes, this is an extremely convenient location, yet
it feels like an oasis of peacefulness. Families along this
treelined street celebrate together, with traditions like Camp Iris
Way. This home and neighborhood are delightful.
Unit Size
2,217 Ft²
Days on Market
34 days
Land Size
0.15 acres
Price per sqft
$1,668
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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: 9 months ago (MLSListings Inc. #ML81791098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2020 | Sold | ||
| Sold | |||
| May 2, 2020 | Listed by Intero Real Estate Services | $3,699,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Duveneck - St. Francis
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Listed by: Christina Woo, Intero Real Estate Services
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81791098
Last Updated: 9 months ago
Data Source: CRMLS, MLS# ML81791098
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