585 School House Rd
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 |
|---|---|---|---|
| Jul 15, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | No longer available | - | |
| No longer available | |||
| May 25, 2022 | Listed by Oceanside Realty Group, Inc. | $698,500 | |
| Listed by Oceanside Realty Group, Inc. | |||
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Conveniently Located in Eastham with Easy Access to Both The National Seashore and the Bayside Beaches this 5 Bedroom Home with 2700+ sq ft is Price to Sell. The home's setup can accommodate any buyer. Folks looking for easy one-floor living, or a family who wants more space, plus the bonus of a walk out lower level for overflow guests, the inlaws, or income potential, this house works for everyone. Great 1st floor set up with good size kitchen and dining area that leads to a vast living room and includes a 1st floor bedroom and full bath, plus the laundry. The 2nd floor has 3 additional bedrooms, including one with great space and ample closets, plus another full bath. The lower level with its own entrance has another good size family room, a full bath and the 5th bedroom. Solid construction with a recent refreshing means this home is bursting with possibilities, and it carries a price per square foot not seen in Eastham for years. The location lends itself to weekly or monthly rental
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| May 6, 2022 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| May 3, 2022 | Listed by Oceanside Realty Group, Inc. | $799,000 | |
| Listed by Oceanside Realty Group, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017