23 School Streeet
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 27, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Churchill Properties | $525,000 | |
| Listed by Churchill Properties | |||
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Fabulous starter home on rural street, move in condition. Open concept floor plan gives this home a spacious feel. Living room, dining area, kitchen and both bedrooms have pretty hardwood floors. Spacious kitchen with updated countertops. Bonus family room off the living room with wall to wall carpet can be separate or incorporated into the main living area. Full unfinished basement with lots of storage space. Large beautiful back yard with additional storage shed. SELLER TO ESCROW FUNDS FOR INSTALLATION OF NEW SEPTIC SYSTEM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017