56 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 |
|---|---|---|---|
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | Listed by RE/MAX 360 By The Lake | $130,000 | |
| Listed by RE/MAX 360 By The Lake | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $139,900 | |
| Listed | |||
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Ideal candidate for a Rehab loan. Own for less than you could rent in a Great In Town Location! Walking distance to Main Street, downtown shops, banks, laundry, and post office. Close to parks, Mill Pond, Merrymeeting River and a short Drive to Lake Winnipesaukee. Easy access to Routes 140, 11 and Rt 28. Loft is being considered the third bedroom. The manager has listed the unit size as 1170 square feet.
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| Oct 1, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017