6 Iris Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Aug 20, 2017 | Listed | $499,000 | |
| Listed | |||
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The manager has listed the unit size as 1512 square feet.
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| Aug 1, 2017 | Listed by Anne Erwin Sothebys International Rlty | $499,000 | |
| Listed by Anne Erwin Sothebys International Rlty | |||
| Oct 30, 2012 | Sold | ||
| Sold | |||
| Sep 12, 2012 | Listed by BHHS Verani Seacoast | $394,000 | |
| Listed by BHHS Verani Seacoast | |||
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WOW! Quintessential York Beach area house built in 1995. This is the nicest brightest house on the Nubble in move in condition, AFFORDABLE WITH LOW TAXES, this year round home has 1 car garage, is only 2/10 mile to Short Sand beach or Long Sands and is located in a quiet residential year round community of mostly owner occupied residents. Newer wood floors throughout, great back yard w/mahogany deck, large grassy fenced in area for pets. Gather the family for a BBQ or take a nap while enjoying the salt air and sounds of the surf. House has 3 bed/1.5 baths, lovely beachy kitchen with newer appliances, open concept from kitchen to super large living & dining rooms. Sunny throughout. Take a 5 minute walk to Long or Short Sand beaches, community ball field, restaurants, amusement park, basketball courts or stroll over to Fox's at the Lighthouse for lobster and pick up an ice cream cone on the way home. This is the way life should be in downeast Maine.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017