47 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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed | $2,050,000 | |
| Listed | |||
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Nestled on 2.28 acres, 47 School Street seamlessly blends New England charm with modern updates in a prime Weston location. Just steps from three elementary schools and the library, this property features an in-ground pool, an expansive patio, a two-story barn, and a three-car garage. Inside, a grand foyer leads to a formal living room with a fireplace, a dining room with period details, and a newly updated main kitchen that flows into a cozy family room. Upstairs, you’ll find five spacious bedrooms, three full baths, and a laundry room. A separate-entry in-law suite, renovated in 2014, includes a legal kitchen, two bedrooms, living and dining areas, and its own laundry. Recent upgrades include new windows (2014), a second kitchen remodel (2014), heating system updates (2016 & 2018), and fresh exterior paint (2024). This is a rare opportunity to own a beautifully updated home on a large private lot in Weston’s highly desirable south side!
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| Dec 16, 2013 | Sold | ||
| Sold | |||
| Sep 18, 2013 | Listed by Coldwell Banker Residential Brokerage - Weston | $999,000 | |
| Listed by Coldwell Banker Residential Brokerage - Weston | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017