31-33 School Street #2
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 |
|---|---|---|---|
| Aug 11, 2021 | No longer available | - | |
| No longer available | |||
| Aug 3, 2021 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Completely renovated down to the studs in 2017, with all the comforts of a modern lifestyle in mind, this 2nd floor condo features an open concept kitchen, dining and living area with an abundance of natural light throughout. The kitchen features stainless steel appliances, granite countertops, plenty of cabinet space and peninsula with additional seating. Beautiful hardwood floors, tiled bathroom floors and recessed lighting add to the clean and modern feel of this home. The master suite is complete with plenty of closet space, a double vanity sink, and an oversized walk-in shower. Two additional bedrooms, each with ample closets, a second full bathroom, a dedicated laundry room, central air conditioning and a private back deck complete this home. Conveniently located 10-15 minutes to Boston by car, close to Wellington Orange Line stop, and just over 2 miles from Assembly Row. Two deeded off street parking spaces are included. Come and make this home your new oasis! The manager has listed the unit size as 1250 square feet.
| |||
| Sep 27, 2017 | Sold | ||
| Sold | |||
| Jul 3, 2017 | Listed by PCJ Residential Real Estate, LLC | $429,900 | |
| Listed by PCJ Residential Real Estate, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2021
|
3 Bed
|
2 Bath
|
1250 ft²
|
$499,000
3 Bed
2 Bath
1250 ft²
|
-
-
|
DNA Realty Group
Keller Williams Realty
| |
|
05/28/2020
|
3 Bed
|
2 Bath
|
1281 ft²
|
$450,000
3 Bed
2 Bath
1281 ft²
|
$480,000
+6.67%
07/02/2020
|
Brian Caluori
Coldwell Banker Realty - Back Bay
| |
|
08/17/2017
|
3 Bed
|
2 Bath
|
1221 ft²
|
$419,900
3 Bed
2 Bath
1221 ft²
|
$420,000
+0.02%
10/03/2017
|
Riode Jean Felix
Compass
| |
|
07/03/2017
|
3 Bed
|
2 Bath
|
1250 ft²
|
$429,900
3 Bed
2 Bath
1250 ft²
|
$410,000
-4.63%
09/27/2017
|
Ines Simioni Domingos
Pablo Maia Realty
| |
|
07/03/2017
|
3 Bed
|
2 Bath
|
1281 ft²
|
$419,900
3 Bed
2 Bath
1281 ft²
|
$410,000
-2.36%
10/11/2017
|
Brian Caluori
Gibson Sotheby's International Realty
| |
|
08/09/2016
| |
9 Bed
|
8 Bath
|
4986 ft²
|
$585,000
9 Bed
8 Bath
4986 ft²
|
$580,000
-0.85%
11/21/2016
|
Brian Graham
Leopold & McMasters Realty
|
|
05/10/2015
| |
9 Bed
|
3 Bath
|
5095 ft²
|
$399,988
9 Bed
3 Bath
5095 ft²
|
$421,000
+5.25%
06/22/2015
|
George Hayes
J & G Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017