3150 IRIS Ave #311
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 12, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | Listed by Live West Realty | $430,000 | |
| Listed by Live West Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2025
|
1 Bed
|
1 Bath
|
576 ft²
|
$288,000
1 Bed
1 Bath
576 ft²
|
-
-
|
Mary Siefert
Live West Realty
| |
|
10/22/2025
|
1 Bed
|
1 Bath
|
576 ft²
|
$298,000
1 Bed
1 Bath
576 ft²
|
-
-
|
Mary Siefert
Live West Realty
| |
|
10/08/2024
|
2 Bed
|
1 Bath
|
994 ft²
|
$389,000
2 Bed
1 Bath
994 ft²
|
-
-
|
Terri Ellerington
RE/MAX Elevate
| |
|
10/05/2024
|
2 Bed
|
2 Bath
|
958 ft²
|
$250,000
2 Bed
2 Bath
958 ft²
|
$230,000
-8.00%
03/26/2025
|
Summer Youngs
Property Colorado Inc
| |
|
08/08/2024
|
2 Bed
|
2 Bath
|
958 ft²
|
$430,000
2 Bed
2 Bath
958 ft²
|
$436,000
+1.40%
09/12/2024
|
Alison Sirlin
Live West Realty
| |
|
05/29/2024
|
2 Bed
|
1 Bath
|
958 ft²
|
$389,000
2 Bed
1 Bath
958 ft²
|
$369,000
-5.14%
09/06/2024
|
John Stegner
Your Castle Real Estate Inc
| |
|
11/30/2023
|
2 Bed
|
1 Bath
|
958 ft²
|
$388,000
2 Bed
1 Bath
958 ft²
|
$386,000
-0.52%
02/29/2024
|
Rachel Ma
| |
|
07/05/2023
|
3 Bed
|
2 Bath
|
1242 ft²
|
$475,000
3 Bed
2 Bath
1242 ft²
|
$467,500
-1.58%
08/03/2023
|
Rex Manz
Live The Rockies! Real Estate
| |
|
04/08/2023
|
1 Bed
|
1 Bath
|
694 ft²
|
$320,000
1 Bed
1 Bath
694 ft²
|
$320,000
05/03/2023
|
Raul Hernandez
Paisano Realty, Inc.
| |
|
03/28/2023
|
1 Bed
|
1 Bath
|
694 ft²
|
$320,000
1 Bed
1 Bath
694 ft²
|
$330,000
+3.13%
04/17/2023
|
Emily Perrotto
Coldwell Banker Realty 56
| |
|
03/24/2021
|
2 Bed
|
2 Bath
|
994 ft²
|
$350,000
2 Bed
2 Bath
994 ft²
|
$360,000
+2.86%
05/04/2021
|
Shell Avery
RE/MAX PROFESSIONALS
| |
|
09/22/2020
|
1 Bed
|
1 Bath
|
576 ft²
|
$235,000
1 Bed
1 Bath
576 ft²
|
$232,500
-1.06%
12/03/2020
|
Fleming Schutrumpf
| |
|
08/05/2020
|
1 Bed
|
1 Bath
|
576 ft²
|
$235,000
1 Bed
1 Bath
576 ft²
|
$232,500
-1.06%
12/07/2020
|
Fleming Schutrumpf
Brokers Guild Homes
| |
|
07/31/2019
|
1 Bed
|
1 Bath
|
648 ft²
|
$269,500
1 Bed
1 Bath
648 ft²
|
-
-
|
-
| |
|
04/25/2019
|
3 Bed
|
2 Bath
|
1242 ft²
|
$385,000
3 Bed
2 Bath
1242 ft²
|
-
-
|
-
| |
|
02/28/2014
|
3 Bed
|
2 Bath
|
1242 ft²
|
$215,000
3 Bed
2 Bath
1242 ft²
|
$215,000
03/25/2014
|
Thomas Precourt
RE/MAX Alliance on Walnut
| |
|
09/18/2013
|
1 Bed
|
1 Bath
|
676 ft²
|
$129,500
1 Bed
1 Bath
676 ft²
|
$120,000
-7.34%
02/07/2014
|
Michael Nicholson
Home Savings Realty
| |
|
08/12/2011
|
2 Bed
|
2 Bath
|
994 ft²
|
$150,000
2 Bed
2 Bath
994 ft²
|
$150,000
01/31/2012
|
Daryl Smith
RE/MAX of Boulder
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017