305 Iris Street
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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%.
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | Listed by Property Marketers LLC | $254,500 | |
| Listed by Property Marketers LLC | |||
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Be the first to enjoy this just fully renovated 3 bedroom, 2 bath, 1 car garage block home in south Port St John. Located just 2 blocks from the river and less than a mile to the new boat ramp. The new renovation includes: luxury vinyl flooring in all the living areas and tile in the bathrooms, completely new tiled bathrooms, all new kitchen with white shaker cabinets, quartz countertops, tile backsplash, new electrical panel, new roof, all new plumbing (pvc drain lines and cpvc supply lines no cast iron), HVAC, interior/exterior paint, baseboards, ceiling fans, and more. Nice covered front porch, spacious rear pergola with a covered view of the fire pit. Huge completely fenced in yard. No HOA, perfect location for an Airbnb, or investment property. Conveniently located to shopping, restaurants, Kennedy Space Center/NASA/Space X, I95, Cocoa Beach. Be at Port Canaveral and Cocoa Beach in 17 minutes. You will not find a newly renovated home in PSJ for $215/sq'.
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| Jun 2, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by 321 Realty, LLC | $169,000 | |
| Listed by 321 Realty, LLC | |||
| Aug 13, 2009 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017