116 School Street
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by ERA Key Realty Services | $850,000 | |
| Listed by ERA Key Realty Services | |||
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Nestled on a lovely well-landscaped scenic lot in an ideal location in the desirable "Center Section" of Chelmsford. This beautifully maintained and updated home has classic features with modern updates enhanced by sun splashed windows and light and bright decor. The home is designed with comfortable living in mind with a striking country kitchen & dining room combination. The first floor living room/family room offers the warmth of a glowing gas fireplace. Also on the main floor is aa spacious entry room which would make a wonderful breakfast room leading out to the deck, patio and yard. Don't miss the updated 3/4 bath and a beautiful bonus room with bamboo flooring & vaulted ceiling, which could be an office, music room, or guest room. The second floor offers three large sunny bedrooms. The Main Bedroom enjoys a lovely private shower bath and a well-designed walk-in closet. The lower level of this home is beautifully finished boasting fireplace, daylight windows, and a walkout.
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| Aug 15, 2017 | Sold | ||
| Sold | |||
| Jul 6, 2017 | Listed by ERA Key Realty Services | $579,900 | |
| Listed by ERA Key Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017