3209 Iris Trail Lane
About This Property
The expansive family room boasts a wall of windows filling the space with natural light. A chef's island kitchen comes equipped with stone countertops, a walk-in pantry, and a butler's pantry, seamlessly connecting to the living areas and a game room with French doors. Unwind in the luxurious primary suite, offering 12-foot ceilings, dual vanities, a garden tub, a glass-enclosed shower, and a massive walk-in closet. Outside, enjoy an extended covered backyard patio perfect for entertaining. Complete with a 3-car garage, mudroom, and community amenities including pools, lakes, parks and walking trails. Zoned to Alvin ISD.
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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 17, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Keller Williams Memorial | $564,128 | |
| Listed by Keller Williams Memorial | |||
| Mar 5, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by Perry Development Management | $441,900 | |
| Listed by Perry Development Management | |||
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PERRY HOMES NEW CONSTRUCTION-Library with French doors and formal dining room frame entry with 13-foot coffered ceiling and hardwood floors. Open family room with ceramic tile floor features a wall of windows. Game room with French doors just off the morning area. Island kitchen with walk-in pantry and Butler's pantry. Spacious master bedroom with 12-foot ceiling. Corner garden tub, separate glass-enclosed shower, dual vanities and two large walk-in closets in the master bath. Guest bedroom with full bath and walk-in closet. Extended covered backyard patio. Mud room just off three-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017