47322 Iris Ave
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Price Decreased |
$442,500
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Increased |
$447,500
↑ $10K
(2.2%) | |
| Price Increased | |||
| Sep 25, 2025 | Listed | $437,950 | |
| Listed | |||
| |||
|
A Rare Opportunity in Today's Market. Skip the compromises of quick-build new construction and step into a thoughtfully updated, move-in-ready home with space, quality, and a true sense of place. Built in 2018 and carefully upgraded, 47322 Iris Avenue offers 3 bedrooms, 3 bathrooms, and a versatile open loft-ideal for a home office, second living area, or playroom. Inside, enjoy luxury vinyl plank flooring, a bright open layout, and an upgraded kitchen featuring granite countertops, modern cabinetry, and generous entertaining space-details often missing in today's builder-grade alternatives. Unlike many newer homes in the area, this property offers a real yard, a wide wrap-around front porch, and room to relax, garden, and entertain-without paying more for less space. The spacious primary suite includes a walk-in closet and private bath, while two additional bedrooms provide flexibility for guests, family, or work-from-home needs. Located just steps from a neighborhood park and minutes to Bennett Schools, King Soopers, the Rec Center, and Launch Pad Brewery, this home combines small-town comfort with easy I-70 access. Quality, space, and value-without the wait. Schedule your private showing today. FHA LOAN ASSUMABLE AT 4.75%. Seller agrees to payoff remaining solar balance with an acceptable offer.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017