37 School St
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 |
|---|---|---|---|
| Nov 29, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed | $629,900 | |
| Listed | |||
| | |||
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Beautiful 4 bedroom, 2 bath ranch. The first floor features a nice size living room with fireplace, kitchen, three bedrooms, and one full bath. Hardwood flooring with the exception of the kitchen & bathroom which have ceramic tile flooring. The lower level is great for the extended family and includes a bonus kitchen, family room, bathroom, office and its own separate entrance. Laundry hook ups on first floor and lower level. Large level lot with separate 10’x15’ shed for storage (Reeds Ferry). Maintenance free vinyl siding (2021), central A/C, gas heating, 200 amp electrical service, newer roof and solar panels (2024). Ample off-street parking for 8+ vehicles. Walking distance to Saugus Center and the rail trail. Easy highway access and close to shopping, entertainment, and all the offerings of the Northshore. 15 minute drive to Boston.
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| Nov 21, 2003 | Sold | ||
| Sold | |||
| Jul 21, 2003 | Listed by Littlefield Real Estate, LLC | $329,900 | |
| Listed by Littlefield Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017