4635 Wild Iris Dr. #104
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 |
|---|---|---|---|
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed | $269,000 | |
| Listed | |||
| May 23, 2020 | No longer available | - | |
| No longer available | |||
| Mar 16, 2020 | Listed | $133,000 | |
| Listed | |||
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This highly desirable community, Magnolia Place, provides the solution you are searching for in a coastal condo- it’s also a great option for a second home and/or investment property! You are a short walk, bicycle or golf cart ride to our white sand beaches and sunny, blue skies. All the shopping, healthcare, grocery, restaurants and bars and much more entertainment are located only minutes away. The international airport is less than 15 minutes away. For the avid golfer or individual who enjoys lush, Green landscaping year round, this community adjoins Myrtlewood golf club-You are a short walk, bicycle or golf cart ride to our white sand beaches and sunny, blue skies. All the shopping, healthcare, grocery, restaurants and bars and much more entertainment are located only minutes away. The international airport is less than 15 minutes away. For the avid golfer or individual who enjoys lush, green landscaping year-round, this community adjoins Myrtlewood golf club- you’ll love it all! This well-maintained, first floor corner unit condo showcases a creative and subtle beach style theme while providing a warm family like living experience. Being an end unit condo, it’s a highly sought after feature as warm sunlight is abundant from almost every side. It’s effortless to appreciate the existing open concept spaces of the kitchen, dining and living room areas. New kitchen counters and appliances increase the value for the owners who wish to buy a ready to go condo-just bring your own furnishings. The master suite provides ample space and dedicated full bathroom while at the same time, enjoying an exterior water feature and Fountainview. Adjoining the living room area is a shaded patio with a most soothing view overlooking lush trees and flowers as well as the same water feature in fountain. The interior and exterior photos look great yet touring it in person takes it to the top of your list-you’ll love buying it. Whether it’s YOUR
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/07/2024
|
2 Bed
|
2 Bath
|
-
|
$262,000
2 Bed
2 Bath
|
-
-
|
Daniel Ober
RE/MAX Southern Shores
| |
|
08/15/2023
|
2 Bed
|
2 Bath
|
-
|
$269,000
2 Bed
2 Bath
|
-
-
|
Daniel Ober
RE/MAX Southern Shores
| |
|
05/26/2022
|
1 Bed
|
2 Bath
|
-
|
$167,000
1 Bed
2 Bath
|
$161,000
-3.59%
10/04/2022
|
The Abe Safa Team
Century 21 The Harrelson Group
| |
|
10/13/2021
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
Natalie LaBruce
RE/MAX Southern Shores
| |
|
09/21/2021
|
2 Bed
|
2 Bath
|
-
|
$195,000
2 Bed
2 Bath
|
-
-
|
Natalie LaBruce
RE/MAX Southern Shores
| |
|
08/06/2021
|
2 Bed
|
2 Bath
|
-
|
$169,000
2 Bed
2 Bath
|
-
-
|
Vine Group
Realty ONE Group Dockside
| |
|
10/01/2020
|
2 Bed
|
2 Bath
|
-
|
$159,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
03/16/2020
|
2 Bed
|
2 Bath
|
-
|
$133,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
12/17/2018
|
2 Bed
|
2 Bath
|
-
|
$109,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
-
|
$134,900
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017