3630 Iris Ave #D
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 |
|---|---|---|---|
| Feb 13, 2025 | Listed | $450,000 | |
| Listed | |||
| | |||
|
Charming Townhome with Stunning Flatiron Views & Modern Upgrades. Nestled in a highly walkable & bikeable neighborhood, this beautifully updated 2-bedroom, 1-bath townhome offers a rare blend of charm, modern comfort, & breathtaking mountain views. The cozy living room features a wood-burning fireplace, hardwood floors, & an exposed brick wall, all framed by large windows that fill the home with natural light. The living & dining area showcases stunning Flatiron views, making every day feel like a retreat. The airy, remodeled kitchen (2018) boasts open shelving & stylish finishes, creating a functional space for cooking & entertaining. Enjoy seamless indoor-outdoor living with a spacious front balcony overlooking lush green space & a scenic bike path-perfect for morning coffee or evening sunsets. The primary bedroom opens to a sizable private balcony, offering a peaceful space to relax & unwind. This home has been thoughtfully maintained with numerous upgrades, including a kitchen remodel (2018), new hardwood flooring and bathroom tile (2018), a partial bath remodel (2018), A/C (2018), a new water heater (2024), & attic insulation (2023). The HOA has completed major improvements, including a new roof & siding (2021/2023), with a rebuilt front deck scheduled for early 2025. Additional updates include a custom Container Store closet (2020), a new front door (2021), and new kitchen & laundry appliances (2018). Practical features like covered parking, a large storage closet under the home, and extra storage in the laundry room add to the home's convenience. Residents also enjoy access to a community pool & garden space. Ideally situated, this townhome offers exceptional access to everyday essentials and local favorites, with grocery stores, coffee shops, gyms, restaurants, banks, & boutiques all within a 10- to 15-minute walk. Plus, with immediate access to biking trails and close proximity to Howard Heuston Park.
| |||
| Mar 16, 2018 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Listed by RE/MAX Alliance-Boulder | $328,000 | |
| Listed by RE/MAX Alliance-Boulder | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/17/2019
|
2 Bed
|
2 Bath
|
968 ft²
|
$347,900
2 Bed
2 Bath
968 ft²
|
$350,500
+0.75%
10/25/2019
|
Nick Dunbar
Compass Colorado, LLC - Boulder
| |
|
09/17/2019
|
2 Bed
|
2 Bath
|
968 ft²
|
$347,900
2 Bed
2 Bath
968 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
968 ft²
|
$350,000
2 Bed
2 Bath
968 ft²
|
$350,000
09/12/2018
|
Julian Kirschenbaum
8z Real Estate
| |
|
01/22/2018
|
2 Bed
|
1 Bath
|
880 ft²
|
$328,000
2 Bed
1 Bath
880 ft²
|
$336,000
+2.44%
03/16/2018
|
Gregory W Smith
RE/MAX Alliance-Boulder
| |
|
07/03/2014
|
2 Bed
|
2 Bath
|
968 ft²
|
$214,900
2 Bed
2 Bath
968 ft²
|
$205,000
-4.61%
09/09/2014
|
Jeffrey Jorissen
Resident Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017