1418 Schoolhouse Way
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2020 | In contract | - | |
| In contract | |||
| Sep 5, 2020 | Price Decreased |
$1,189,000
↓ $11K
(0.9%) | |
| Price Decreased | |||
| Aug 20, 2020 | Listed | $1,199,999 | |
| Listed | |||
| | |||
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Casual elegance, comfortable design and quality construction best describe this very rare, beautifully appointed, SINGLE STORY home in the highly sought after & gated community of Westcliffe of San Elijo Hills. Tucked into the hillside near the end of a very quiet cul de sac, this home has outstanding curb appeal. From mature landscaping to the custom hardscape & private/gated courtyard, this charming home ticks all the boxes. Beautifully upgraded, the entire interior of the home has recently been painted, and has all new LED lighting & fixtures, as well as new carpet. The expansive, open floor plan offers 4 Bds (1 guest bdrm has an en suite bath & private entry), plus a handsome upstairs office w/rich cabinetry (accessed by stairs in the Master Suite).The spacious Master Suite features a large walk-in closet, remodeled bath with marble dual vanities, free standing deep soaking tub, large shower & built-in linen cabinetry. The home features elegant 18" tile flooring, a stunning living room w/massive windows, separate dining room, gourmet kitchen with walk-in pantry, S/S appliances, granite counters & large granite center island w/sitting area. Sitting on a large lot w/no rear neighbors, the well-appointed backyard is an Entertainer's dream! Featuring a custom Palapa Bar w/outdoor kitchen (Fridge, Built-in Lion BBQ, Ceiling Fan,TV, Granite Counter w/a Tabletop Fire-pit), gas fire pit & large fountain, the yard is also tastefully lit for year-round relaxing. The manager has listed the unit size as 3442 square feet.
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| Nov 8, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017