603 Blue Iris Trail
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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Compass RE Texas, LLC - Memorial | $899,000 | |
| Listed by Compass RE Texas, LLC - Memorial | |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Coldwell Banker Realty | $845,000 | |
| Listed by Coldwell Banker Realty | |||
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Gorgeous Mediterranean inspired home located in a secluded gated community. Amazing Memorial location zoned to highly-rated Spring Branch ISD schools, adjacent to Terry Hershey Park. Impressive exterior with stucco & stone façade. Home features a desirable floorplan with up to 6 bedrooms! Upgrades throughout including ELEVATOR, wood flooring, soaring ceilings, abundant natural light, rich crown molding, & custom shutters. Spacious island kitchen with high-end Viking appliances & custom cabinetry. Formal dining room opens to a wet/wine bar -perfect for entertaining! The downstairs Primary suite features a luxurious bathroom including two vanities, separate tub, stand up shower, & huge walk-in closet. Second floor boasts a large game room, 3 bedrooms (one used as an office), 2 bathrooms, & bonus room (currently a workout room)! Third floor comes complete with an additional bedroom, bathroom, kitchenette, and media room! Out back is a private patio with pet-friendly turf. Never Flooded.
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017