15 School 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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Listed by LAER Realty Partners | $95,000 | |
| Listed by LAER Realty Partners | |||
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Bring your ideas to life with this spacious home that has town water & sewer!! This home is bursting with potential and has a wonderful layout, making it the perfect project. The main level has a flexible living/family room with a spacious kitchen and breakfast nook in the back. Upstairs has two spacious bedrooms, which could potentially be converted back to three. With a generous backyard and off-street parking, don't let this one pass you by! Cash/rehab loan only. Please wear a mask - all buyers/agents to sign a hold harmless prior to viewing the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017