8032 Iris St
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 |
|---|---|---|---|
| Oct 10, 2024 | Listed | $649,950 | |
| Listed | |||
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Step into a stunning bungalow-style retreat that has been beautifully transformed! Experience the inviting open floor plan, seamlessly connecting a modern kitchen, elegant dining area, and a cozy living room featuring an enchanting fireplace and rich hardwood floors. This space is a dream for entertaining friends and staying close to family. Two spacious bedrooms share a freshly renovated bathroom conveniently located near the laundry room. At the end of the hallway, discover the exquisite owner’s suite, boasting a generous walk-in closet and a spa-like bathroom that invites relaxation. A permitted garage conversion adds a versatile bonus room, perfect for your unique needs or as a potential ADU. With a long driveway accommodating 3+ cars and ample off-street parking, convenience is at your fingertips. Get ready to unleash the fun in your amazing outdoor space, transformed into the ultimate entertaining paradise! Picture this: a vibrant area featuring a big-screen TV and a massive wet bar/prep zone, perfect for epic game night BBQs or fabulous girls' night fashion shows. Whether you're mixing cocktails, or grilling up a storm! Nestled into a quiet and friendly side street, this gem offers easy access to BART, buses, and major freeways (580, 13, and 880). This one won't last!
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| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 29, 2020 | Listed by THE GRUBB COMPANY | $499,000 | |
| Listed by THE GRUBB COMPANY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017