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1 Marion 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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed | $679,900 | |
| Listed | |||
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OFFERS DUE MONDAY 1PM.******Welcome to this meticulously maintained 4BR/1.5BA home in one of Salem’s most desirable neighborhoods. The recently renovated kitchen features quartz countertops, GE Profile stainless steel appliances, and custom cabinetry. Enjoy hardwood floors throughout and tastefully updated bathrooms with modern finishes. The first floor includes a spacious dining room and oversized living room, which opens to a maintenance-free deck and expansive, mostly-fenced backyard—perfect for gatherings, gardening, or pets. Upstairs are four bedrooms and a full bath. The full, unfinished basement offers ample storage. BONUS: Fully-owned solar panels for $0 electric bills! Located in a quiet, low-traffic neighborhood with tree-lined streets, sidewalks, and easy access to Salem’s downtown, landmarks, and commuter routes. Don’t miss the chance to make this move-in-ready gem your forever home! Open Houses: Sun 2-4 PM.
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| May 1, 2009 | Sold | ||
| Sold | |||
| Jan 14, 2009 | Listed | $299,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017