46 Star Iris Place
About This Property
entire home, neutral paint, abundant natural light, wood beams, and plantation shutters. Spacious kitchen w/SS appliances, double oven, walk-in pantry, and beautiful island. The kitchen opens to the family room with a wood-beamed vaulted ceiling. Butler's pantry with wine cellar. Private study with French doors, built-ins, & wood beams, convenient for home office. All 5 bedrooms w private bathroom, master & secondary bedroom on the first floor. Spacious game room w/wood floor & wet bar. Media room with projector & speakers. 3 car garage with epoxy floors. Huge back yard with pool spa, pool safety fence, and greenspace! Large covered patio w outdoor living area. Washer, dryer, and refrigerator included. Immaculately maintained! Recent flooring in the kitchen, recent landscaping, AC coil replaced. Easy access to Creekside trails, parks, aquatic center, village & exemplary schools. No back neighbors!
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | No longer available | - | |
| No longer available | |||
| Nov 26, 2024 | Listed by Compass RE Texas, LLC - Katy | $1,200,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
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Gorgeous 5-bedroom home w 2 bedrooms down! Soaring ceilings, wood floors throughout the
entire home, neutral paint, abundant natural light, wood beams, and plantation shutters. Spacious kitchen w/SS appliances, double oven, walk-in pantry, and beautiful island. The kitchen opens to the family room with a wood-beamed vaulted ceiling. Butler’s pantry with wine cellar. Private study with French doors, built-ins, & wood beams, convenient for home office. All 5 bedrooms w private bathroom, master & secondary bedroom on the first floor. Spacious game room w/wood floor & wet bar. Media room with projector & speakers. 3 car garage with epoxy floors. Huge back yard with pool spa, pool safety fence, and greenspace! Large covered patio w outdoor living area. Washer, dryer, and refrigerator included. Immaculately maintained! Recent flooring in the kitchen, recent landscaping, AC coil replaced. Easy access to Creekside trails, parks, aquatic center, village & exemplary schools. No back neighbors!
| |||
| Sep 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017