9874 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%.
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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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Marvin Gardens Real Estate | $648,000 | |
| Listed by Marvin Gardens Real Estate | |||
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This Westbrook home defines turnkey. Perfect Craftsman touches everywhere, decked out with outstanding finishes from top to bottom, this home is updated beyond the 9's and exceeds expectations at every turn. Secluded vibe with a very rare and special Walk-Out Basement you've been dreaming of. Adjacent to Standley Lake and tons of trails, and an awesome community pool! Fabulous floorplan with 3 Bedrooms and 3 Baths (2 Full and one 3/4) gives a Bedroom/Bathroom/Living area combo on all three levels including a BR/BA on Main Level. Loft area upstairs can easily be BR #4 if desired. Absolutely Gorgeous Gourmet Eat-in Kitchen with tons of counterspace & all high-end materials, soft-close cabinets, wine rack, classy under cabinet lighting, and soaring vaulted ceilings on the whole main level. High-end Gas fireplace with stonework to the ceiling, and special cherry shelf in a bamboo floored living room and optional dining area. Primary bath w/80 Gallon Soaker Tub and skylight is completely remodeled into a gorgeous retreat. Loft is a perfect sitting area for the Primary Suite or easily convertible to a 4th BR. Laundry and 3/4 bath with another BR on fully finished lower level (walk-out, so not exactly a basement). Optional Dog Run/Chicken Run materials included! Enjoy the stone patio outside your walk out basement door with a covered rain-proof-roof - peaceful... Trees, Gardens, tightly manicured lawns and raised beds, with a raised balcony/deck that feels like you're in a Treehouse. Natural Gas Stub for BBQ on Deck(Awesome). All Pella Windows and Sliding Doors, Bamboo flooring with soft foam underlayment, Special Cherry wood shelf: Simply too many special touches to mention; just come check it out! Highly sought after!
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| Sep 6, 2006 | Sold | ||
| Sold | |||
| Nov 2, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017