47 School Road
About This Property
Features: Spacious living area with plenty of natural light ~ Open-concept layout perfect for modern living ~ Sizable backyard with room to create your own outdoor oasis ~ Conveniently located near Walton lake with lake rights! Ideal for first-time homebuyers, DIY enthusiasts, and investors. With built-in equity and the ability to create the space you've been dreaming of, this house is ready to be a HOME again. Whether you're looking to make it your own or seeking a profitable investment, this fixer-upper presents a chance to add your personal touch and increase its value - Act fast and seize this rare opportunity! Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
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Cap Rate Calculator
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 6, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | In contract | - | |
| In contract | |||
| Sep 1, 2023 | Listed by Weichert Realtors | $324,999 | |
| Listed by Weichert Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017