4092 SCHOOL ROAD
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed | $495,000 | |
| Listed | |||
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Broomes Island is more than a zip code, it is a lifestyle! Welcome to 4092 School Rd, a stunning Victorian-inspired home offering over 2400 square feet of living space in the heart of this coastal community. This charming residence blends timeless character with modern comforts, starting with its inviting curb appeal and continuing throughout the thoughtfully designed interior. Step inside to discover warm hardwood floors that flow throughout the main level, creating a welcoming and elegant atmosphere. The spacious family room is ideal for entertaining, while the cozy entry living room offers a perfect spot for relaxation. A light-filled dining area adds to the home's charm, making every meal a special occasion. The main level also includes a bedroom and full bathroom, offering convenience for guests or multi-generational living. Upstairs, the deluxe primary suite is a true retreat, featuring a full office, gym space, and a generously sized walk-in closet room. The ensuite bath has been beautifully updated with modern finishes, providing a serene space to unwind. Two additional bedrooms and a third full bath ensuring everyone has space to spread out. Outside, the large, flat, fully fenced yard provides privacy and room for outdoor enjoyment. A brand-new screened porch is the perfect spot to enjoy your morning coffee or relax in the evenings. The detached two-car garage comes with a finished bonus room above, offering endless possibilities for a home office, studio, or extra guest space. From the fireplace to the elegant lighting selections, every detail of this home has been carefully considered to create a space that is both stylish and comfortable. A waterman's dream with no HOA and tucked between Len's Marina and Nan's Cove. Just a short stroll by car or boat to Solomons Island. You don’t miss your chance to own a true one of a kind home!
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| Mar 22, 2017 | Sold | ||
| Sold | |||
| Sep 3, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017