51 Schooley Rd
About This Property
The remodeled kitchen features a large center island, quartz countertops, tile backsplash, updated cabinetry and hardware, stainless steel sink, newer appliances, and modern lighting-ideal for everyday living and entertaining. The adjacent living area is highlighted by an oversized picture window showcasing sunrise views toward Lions Head and Staunton State Park.
The main level includes a full bathroom, primary bedroom, and a secondary bedroom or flexible office space. The finished walk-out lower level provides additional living area with a spacious family room, remodeled 3/4 bath with acrylic shower, laundry/mechanical room with workspace, and a private third bedroom-well-suited for guests, multi-generational living, or a secluded primary retreat.
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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%.
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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 |
|---|---|---|---|
| Jan 2, 2026 | Listed | $529,000 | |
| Listed | |||
| | |||
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Welcome home to this beautifully updated and well-maintained 3-bedroom, 2-bath mountain home with expansive views in the Bailey foothills. This move-in-ready property offers a functional and flexible layout with an open-concept main level, vaulted pine ceilings, newer luxury vinyl plank flooring, and abundant natural light. A wrap-around deck extends the living space outdoors and captures panoramic mountain and valley views.
The remodeled kitchen features a large center island, quartz countertops, tile backsplash, updated cabinetry and hardware, stainless steel sink, newer appliances, and modern lighting-ideal for everyday living and entertaining. The adjacent living area is highlighted by an oversized picture window showcasing sunrise views toward Lions Head and Staunton State Park.
The main level includes a full bathroom, primary bedroom, and a secondary bedroom or flexible office space. The finished walk-out lower level provides additional living area with a spacious family room, remodeled 3/4 bath with acrylic shower, laundry/mechanical room with workspace, and a private third bedroom-well-suited for guests, multi-generational living, or a secluded primary retreat.
| |||
| Oct 9, 2025 | Price Decreased |
$549,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 23, 2025 | Price Decreased |
$559,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$569,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Jul 18, 2025 | Price Decreased |
$574,800
↓ $100
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017