17
Map
404 Iris Lane
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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 19, 2018 | Sold | ||
| Sold | |||
| Dec 6, 2017 | Listed by RE/MAX Alternative Realty | $149,900 | |
| Listed by RE/MAX Alternative Realty | |||
| Jun 5, 2017 | Sold | ||
| Sold | |||
| Jan 19, 2016 | Sold | ||
| Sold | |||
| Dec 2, 2015 | Listed by Host Realty, Inc. | $48,100 | |
| Listed by Host Realty, Inc. | |||
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Great investment! Concrete block house with 3 bedrooms, 2 bathrooms, guest suite with kitchenette. Original car storage was converted to living area adding additional square footage. Enclosed porch on the back and large storage room! Fenced in back yard and oversized driveway. Property is being sold AS IS, WHERE IS. -- Bank owned !! -- See attached offer instructions !!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017