711 N 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | Listed by RE/MAX Rising | $315,000 | |
| Listed by RE/MAX Rising | |||
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Beautiful remodeled ranch in the North Normal Historic District! Experience the charm of an old established neighborhood with modern conveniences in your home! This 3 bed 2 bath home has been brought back to life. A few upgrades over the last year include; complete tear off and re-shingle on the house and garage roofs giving peace of mind for years to come. The new front porch and two tier back deck are perfect for morning coffee or entertaining. The beautiful wood siding got touched up and repainted on house, as well as new siding installed on the garage. New gutters installed on the house and garage. Almost all new plumbing back to the main stack(water lines included). Updated wiring throughout the home, no ungrounded wiring left in home(home was almost completely rewired). New blown-in insulation in the attic space to guarantee comfort all year round. All new HVAC system and hot water heater. The cosmetic finishes speak for themselves in this gem. All new Flooring, trim, paint, fixtures, cabinets, vanities, countertops, kitchen, wet bar, and bathrooms! New concrete steps from School street up to the sidewalk. Large driveway from alley access to your 1.5 car garage (new black garage door being installed in a week). Parking for 6+ vehicles in driveway, garage, and extra concrete parking pad to the right of the garage. This one is a must see!
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| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by RE/MAX Rising | $99,900 | |
| Listed by RE/MAX Rising | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017