4 IRIS CIR
About This Property
Welcome to this magnificent 5-bedroom, 3 full bath, and 1 half bath haven nestled in the serene neighborhood of Brennan Estates in Bear in the Appo school district!!! With its generous living spaces, modern amenities, and thoughtful updates, this residence offers the perfect blend of comfort and style.
As you step inside, you'll be greeted by an abundance of space, highlighted by the seamless flow between rooms. The heart of the home is its well-appointed kitchen, boasting new flooring, which effortlessly combines form and function. Imagine preparing gourmet meals amidst ample counter space, while the pellet stove adds both warmth and charm to the ambiance.
The expansive living areas are designed to accommodate your lifestyle, providing plenty of room for relaxation and entertainment. The living room, adorned with fresh paint, invites you to unwind, while the pellet stove creates a cozy atmosphere during colder months.
The in-law suite, a remarkable feature of this property, offers a private and versatile space that can cater to a variety of needs. Whether you're hosting guests, setting up a home office, or seeking a multigenerational living solution, this suite provides the ideal solution. One of the most captivating features of this home is its newly installed roof, a testament to the meticulous care that has been invested in the property. With 5 generously sized bedrooms, everyone in the household is afforded their own personal retreat. The primary suite is a true sanctuary, complete with a full en-suite bathroom, offering a serene escape at the end of the day. The partial basement not only adds valuable storage space but also presents opportunities for a workshop, hobby area, bar or additional recreational space, limited only by your imagination. Don't miss the chance to make this remarkable property your own. Schedule a viewing today and experience the endless possibilities that await. Roof comes with a warranty that will be put into the buyer's name making it transferrable if they decide to sell in the future.
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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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | In contract | - | |
| In contract | |||
| Sep 25, 2023 | Relisted | $525,000 | |
| Relisted | |||
| Sep 14, 2023 | Listed by EXP Realty, LLC | $525,000 | |
| Listed by EXP Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017