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35 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 |
|---|---|---|---|
| Apr 19, 2005 | Sold | ||
| Sold | |||
| Feb 7, 2005 | Listed by Leading Edge Real Estate | $515,000 | |
| Listed by Leading Edge Real Estate | |||
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A magnificent magnolia tree graces this lovely Center Entrance Colonial on Melrose's East Side. Front to back living room opens to 23x10 three season porch overlooking a deck, flagstone patio and perennial gardens. 1st floor den/home office and knotty pine paneled family room in basement. Hardwood floors and ceramic tiled floors throughout and an abundance of natural light. New Peerless burner 2004, exterior cedar shingles replaced in 1988. Great living space from top to bottom!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017