111 Schofield 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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by KW Pinnacle MetroWest | $275,000 | |
| Listed by KW Pinnacle MetroWest | |||
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This 1.6 acre commercially zoned lot has electric on the property. Water, sewer, and gas are on the street. This lot is completely paved with a 6-8 foot chain link fence around it. There is a tenant at will renting the lot for $500/month to store plow trucks and sanders. This lot has been approved for storage units but also can be used for many other things.
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| Oct 21, 2005 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017