249 School Street
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 |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by Leading Edge Real Estate | $1,895,000 | |
| Listed by Leading Edge Real Estate | |||
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Comfort and convenience, the essence of Belmont’s enduring appeal, is epitomized in this modernized brick Colonial. Conveniently located across from the sought-after Burbank Elem. School & a short distance to the middle & high schools, Belmont Ctr & Harvard Sq, this elegant house awaits. The 1st flr prioritizes public life with its great flow & awesome mudroom. The well-thought-out 2004 kitchen is at its center and offers direct access to the fenced yard. The 2nd floor. w/ 3 bedrooms & a study/nursery prioritizes privacy. The primary suite has its own bath and office, and the other rooms share a large hall bath. The top floor is all about flexibility-with 2 more bedrooms or offices & a full bath, it provides that much-needed “swing space”. And, finally, the finished LL prioritizes fun & function with a large family room, laundry & ample storage. Extensively renovated in 2004, including the systems and roof, and updated since the house is ready for you to move in and prioritize life!
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| Jun 9, 2015 | Sold | ||
| Sold | |||
| Apr 9, 2015 | Listed by Gibson Sotheby's International Realty | $1,250,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Comfort & convenience, the essence of Belmont’s enduring appeal, are epitomized in this masterfully modernized classic brick Colonial. Conveniently located across from the sought-after Burbank Elem. School & a short distance to both the middle & high schools, as well Belmont Ctr. & Harvard Sq., this elegant house will fulfill the needs of busy & discerning owners. Updates to the 1st flr created a wonderful flow, and added a 1/2 bath and pantry closet. The livingroom with fireplace, has built-in bookcases and a lovely window seat. The sun porch is bathed in light. There is direct access from the large, well thought out kitchen w/custom cabinets & high-end appliances to the flat, fenced yard at the rear of the house. The 2nd flr contains 4 bedrooms & 2 full baths; a 5th bedroom, study, & bath are on the top floor. The MBR suite has a private study & bath. The finished LL comprises a generous family room, full bath, laundry, & ample storage. 2004 renovation also included roof & systems
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017