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10 Derby Sq. #2N
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 31, 2011 | Sold | ||
| Sold | |||
| Sep 7, 2010 | Listed by MerryFox Realty | $374,900 | |
| Listed by MerryFox Realty | |||
| | |||
|
Urban living at its finest offering floor to ceiling windows fabulous light and open unstructured space. The dramatic interior offers endless possibilities for living or live work space. This Premiere Brick Building is one of Salem's Crown Jewels. Locates in the heart of downtown,walk to shops,fine dining,train and cultural events.
| |||
| Jul 5, 2010 | Listed by MerryFox Realty | $374,900 | |
| Listed by MerryFox Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2016
|
Loft
|
-
|
-
|
$349,700
Loft
-
|
$345,000
-1.34%
08/26/2016
|
Richard Jagolta
Seaport Realty
| |
|
11/11/2013
|
Loft
|
-
|
-
|
$289,000
Loft
-
|
$280,000
-3.11%
12/19/2014
|
Kathie Strout
Century 21 North East
| |
|
10/01/2013
|
Loft
|
2 Bath
|
-
|
$314,900
Loft
2 Bath
|
$295,000
-6.32%
04/25/2014
|
Kathie Strout
Century 21 North East
| |
|
07/05/2010
|
Loft
|
-
|
-
|
$374,900
Loft
-
|
-
-
|
Merry Fox Team
MerryFox Realty
| |
|
05/25/2010
|
3 Bed
|
2 Bath
|
2554 ft²
|
$375,000
3 Bed
2 Bath
2554 ft²
|
-
-
|
Merry Fox Team
MerryFox Realty
| |
|
07/23/2008
|
1 Bed
|
2 Bath
|
2842 ft²
|
$539,000
1 Bed
2 Bath
2842 ft²
|
$445,000
-17.44%
10/28/2008
|
Dina DiFilippo
MACK Realty Group
| |
|
03/28/2006
| |
Loft
|
-
|
2216 ft²
|
$449,000
Loft
-
2216 ft²
|
$360,000
-19.82%
10/31/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
|
|
03/27/2006
|
2 Bed
|
-
|
1668 ft²
|
$419,000
2 Bed
-
1668 ft²
|
$405,000
-3.34%
06/19/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
| |
|
03/27/2006
|
2 Bed
|
2 Bath
|
2419 ft²
|
$499,000
2 Bed
2 Bath
2419 ft²
|
$440,000
-11.82%
05/23/2007
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
| |
|
03/27/2006
|
2 Bed
|
-
|
2216 ft²
|
$449,000
2 Bed
-
2216 ft²
|
$360,000
-19.82%
10/31/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
| |
|
02/01/2006
|
3 Bed
|
1 Bath
|
2660 ft²
|
$619,000
3 Bed
1 Bath
2660 ft²
|
$585,000
-5.49%
06/15/2006
|
Jeffrey Keller
Keller Williams Realty Boston-Metro | Back Bay
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017