7715 Irwin Avenue
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%.
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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed by LPT Realty | $399,000 | |
| Listed by LPT Realty | |||
| | |||
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Two Homes on One Lot – Ideal for Multigenerational Living! This rare and versatile property offers two separate homes on a spacious ½-acre lot—perfect for extended family, rental income, or extra space to spread out, garden, or start a little homestead! The first home is a cozy 2-bedroom, 1-bath single-family residence with approx. 1,100 sq ft and a bonus office area—ideal for remote work or hobbies. Just across the lot, the second home is a more spacious 2-bedroom, 2-bath manufactured home with its own dedicated office space, and is approx. 1,400 sq ft. It sits on a permanent foundation, making it fully lendable and financing-friendly! Between the two homes sits a large detached garage—great for parking, storage, or even a workshop setup. The manufactured home has solar and features new laminate flooring, and both homes (plus the garage) have fresh exterior paint, giving the property an updated, clean feel. Located within walking distance to the local park and elementary school, this property is a great fit for families with kids, investors looking for a smart opportunity, or anyone hoping to keep loved ones close with space for everyone. The expansive lot provides plenty of room to garden, play, or enjoy the outdoors. Would be perfect for a pool too! Make an appointment with your favorite Realtor to see it today!
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| Oct 15, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Table Mountain Realty, Inc. | $229,000 | |
| Listed by Table Mountain Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017