538 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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $524,900 | |
| Listed | |||
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Welcome home! If you are looking for one-level living with very minimal maintenance, this property could be it. This three-bedroom ranch-style home sits on a level, one acre lot that abuts the Blackstone River. Many updates include windows, roof, vinyl siding, 200 amp electrical service, updated kitchen with granite countertops and stainless-steel appliances, fenced yard, and the 20x26 two-car garage (with 100-amp electrical service). Save heating costs by using the multiple pellet stoves. Great yard that also includes three storage structures (12x16 shed, 13x21 storage hut and 10x40 storage container). There is also a 30-amp RV service available.
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| Nov 18, 2010 | Sold | ||
| Sold | |||
| Aug 20, 2010 | Listed by Jack Walker Realtor® | $224,900 | |
| Listed by Jack Walker Realtor® | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017