18 School Street
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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 1, 2010 | Sold | ||
| Sold | |||
| Oct 9, 2010 | Listed by Conway - Hanover | $307,500 | |
| Listed by Conway - Hanover | |||
| | |||
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Bright, fresh & newly prepped for market! Freshly painted. Hardwood floors throughout. Front-to-back fireplaced living room. All 3 bedrooms on the 2nd floor. Front-to-back master with 2 closets, 3rd bedroom with skylight. Lovely yard & deck, set back off the road, country setting, bogs nearby. New roof, driveway, front door & windows 2007. Unfinished basement for future finishing! Residents enjoy private use of Gray’s Beach & new state-of-the-art schools. Commuter rail & highway access a breeze.
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| Mar 28, 2010 | Listed by Keller Williams Realty | $327,500 | |
| Listed by Keller Williams Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017