338 W School Street
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 31, 2024 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Listed by MY Realty | $649,900 | |
| Listed by MY Realty | |||
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Welcome to 338 W. School Street, a charming single-family home located in the heart of Compton, California. This 3-bedroom, 2-bathroom residence built in 1934 offers a perfect blend of vintage charm and modern amenities.
Upon entering, you are greeted by the inviting living room featuring a stone fireplace, large windows that bathe the space in natural light, and beautiful wooden floors. The adjacent dining room boasts a butler's pantry, large windows, and the same elegant wooden flooring, creating an ideal space for entertaining guests.
The open kitchen is a chef's dream, seamlessly connected to the dining room and equipped with granite countertops, custom cabinets, stainless steel appliances, and a light-filled atmosphere with tile flooring. The convenience continues with a connected laundry room, complete with a washer and dryer, and tile flooring, making household chores a breeze.
The three bedrooms are well-appointed, each offering its unique charm. Bedroom 1 features large windows and wooden floors, while Bedroom 2 is bathed in light with wooden flooring as well. The primary bedroom is a haven with wooden floors, an abundance of natural light, and a convenient door connecting to the backyard.
The bathrooms in this home are a luxurious retreat, with custom sinks and cabinets, tile floors, and ample natural light.
A two-car garage provides secure parking and additional storage space. The expansive backyard is a true oasis, offering ample space for outdoor activities and boasting numerous fruit trees, providing both shade and delicious seasonal treats.
Beyond the charms of this lovely home, the Compton neighborhood itself adds to the appeal. Known for its community spirit, Compton offers a variety of local amenities, parks, and schools. Convenient access to transportation and proximity to shopping and dining make this home a desirable retreat in a vibrant and welcoming community.
Don't miss the opportunity to make 338 W. School Street your new home! To schedule your private showing call Ron, 310.507.3278 or Yvonne, 714.381.5487. The manager has listed the unit size as 1228 square feet.
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| Oct 31, 2018 | Sold | ||
| Sold | |||
| Aug 16, 2018 | Listed by K & K Group, Inc. | $435,000 | |
| Listed by K & K Group, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017