4717 IRIS PLACE
About This Property
Throughout the home, you'll find refinished hardwoods, new flooring, fresh paint, and thoughtful upgrades that make daily living effortless. The biggest impact is the open main floor creating a functional layout everyone loves.
Step into the kitchen, where every detail has been reimagined: new light fixtures, flooring, white shaker cabinets, quartz countertops, a statement farmhouse sink, and stainless steel appliances. The kitchen island and breakfast bar flow seamlessly into the living room. Whether you're hosting friends, gathering with family, or simply enjoying a cozy evening in, this central hub makes entertaining effortless and everyday living more connected.
The updated bathrooms add a touch of modern style, and the fully finished basement provides flexible space for work, play, or guests.
The newly refreshed basement with new lighting and flooring adds a ton of additional living space for a rec room or home gym.
On top of all the recent renovations, the home has been well maintained with a new roof (2017), new siding, updated windows, retaining wall replaced a few years ago, driveway updated and the hot water heater (2020).
Beyond the home itself, the location offers an unbeatable mix of tranquility and convenience. Aspen Hill Park is just a short walk away, with 39 acres of soccer fields, softball fields, and open space. Go a little further and you're in Rock Creek Park-a 1,754-acre national treasure that stretches all the way to Georgetown and the Kennedy Center. With trails, equestrian paths, sports venues, and the historic Carter Barron Amphitheatre, outdoor adventure is always at your doorstep.
When you're ready for dining, shopping, and entertainment, Pike & Rose is only minutes away. Enjoy top-rated restaurants like Summer House, Julii, and Caruso's Grocery, plus live music, a luxury cinema, bowling, bocce, and year-round events.
It's a rare combination: a thoughtfully updated home in a quiet neighborhood with Rock Creek Park out your back door and Pike & Rose just down the road. Come see it for yourself at one of our open houses-or schedule your private tour today.
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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 28, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Keller Williams Capital Properties | $650,000 | |
| Listed by Keller Williams Capital Properties | |||
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About Aspen Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017