11 Gallows Hill 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 |
|---|---|---|---|
| Nov 2, 2025 | No longer available | - | |
| No longer available | |||
| Sep 8, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 6, 2025 | Price Increased |
$699,999
↑ $50K
(7.7%) | |
| Price Increased | |||
| Aug 4, 2025 | Listed by Veterans Property Consultants | $649,999 | |
| Listed by Veterans Property Consultants | |||
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Charming 3-bedroom, 2 bathroom home in a coveted Salem, MA neighborhood, blending historic allure with modern potential. The living area provides a cozy foundation for your vision. The functional kitchen with ample storage, connects to a year round enclosed porch for added comfort. A level backyard awaits outdoor enjoyment and gardening. The home contains numerous cardboard boxes filled with the owners antiques, excluded from the sale. Limiting traditional viewings; buyers are encouraged to envision the space cleared. Sold as-is excluding the owners personal belongings, this property is a rare opportunity to live near Salem's vibrant culture, shops, and dining. With a convenient garage, this family home offers the balance of Salem's excitement and serene comfort. Don't miss this opportunity!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017