3720 Iris Ave #A
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 |
|---|---|---|---|
| Jun 2, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by RE/MAX of Boulder, Inc | $505,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| | |||
|
Warm and inviting townhome with peek-a-boo mountain views only minutes from downtown Boulder and CU. The open concept floorplan allows all the spaces to flow together for easy everyday living and effortless entertaining. Southern exposure allows the sunlight to pour in. The main level has a spacious living room, darling kitchen, dining area, main level bedroom, full bathroom and laundry room. Upstairs features two additional bedrooms and a full bathroom. A few welcome amenities are central A/C, wood burning fireplace and two personal outdoor spaces. Newer windows, sliding doors, electrical panel, quartz countertops, appliances, flooring, custom window treatments, ceiling fans and water heater. One car carport space and storage closet included. Steps to Wonderland Creek bike-path and Heuston Park. Plentiful shopping and entertainment only minutes away. Pet friendly community. Active HOA with clubhouse and pool. Quick possession and move in ready!
| |||
| Jul 2, 2020 | Sold | ||
| Sold | |||
| May 15, 2020 | Listed by RE/MAX Elevate | $430,000 | |
| Listed by RE/MAX Elevate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/22/2022
|
2 Bed
|
1 Bath
|
968 ft²
|
$445,000
2 Bed
1 Bath
968 ft²
|
$445,000
09/20/2022
|
Sean Gribbons
The Gold Standard Brokerage
| |
|
05/09/2022
|
3 Bed
|
2 Bath
|
1176 ft²
|
$505,000
3 Bed
2 Bath
1176 ft²
|
$560,000
+10.89%
06/02/2022
|
Louis Scirrotto
RE/MAX of Boulder, Inc
| |
|
05/15/2020
|
3 Bed
|
2 Bath
|
1176 ft²
|
$430,000
3 Bed
2 Bath
1176 ft²
|
$414,000
-3.72%
07/02/2020
|
Jay Kalinski
RE/MAX Elevate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017