4635 Wild Iris Dr. #301
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%.
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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 29, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2021 | Listed | $169,000 | |
| Listed | |||
| | |||
|
Located in Magnolia Place, this two bedroom two bathroom condo sits on the third floor overlooking the pond. This primary location is less than 2 miles from the beach, and offers resort style amenities including an outdoor pool and onsite golf course and clubhouse. HVAC system replaced in Apr 2014 Luxury vinyl flooring installed in living and dining area 2018 New carpet in bedrooms 2018 New water heater Feb 2020
| |||
| Sep 18, 2019 | No longer available | - | |
| No longer available | |||
| Jul 31, 2019 | Price Decreased |
$126,400
↓ $500
(0.4%) | |
| Price Decreased | |||
| May 2, 2019 | Price Decreased |
$126,900
↓ $3K
(2.1%) | |
| Price Decreased | |||
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