196 School
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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Home Realty Group LLC | $484,999 | |
| Listed by Home Realty Group LLC | |||
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Welcome to a charming single-family home opportunity in the heart of Lowell. Situated on a 3,484 sq ft lot with a gentle slope, this property offers the perfect blend of comfort and convenience. Enjoy a prime location just minutes from schools, parks, shopping, and major highways, making daily commutes a breeze. The home features a cozy layout with great natural light, a private backyard, and potential for personalized updates. Whether you’re a first-time buyer or looking to downsize, this property delivers value, location, and endless possibilities. Don’t miss your chance to make it yours!
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| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by ERA Key Realty Services | $370,000 | |
| Listed by ERA Key Realty Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017