12 Broad St
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%.
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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 |
|---|---|---|---|
| Mar 15, 2016 | Sold | ||
| Sold | |||
| Mar 7, 2015 | Listed by MerryFox Realty | $549,900 | |
| Listed by MerryFox Realty | |||
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One of Salem's finest homes in the McIntire District the "Neal House" is a magnificent antique, circa 1680 with significant additions in 1767. The well preserved interior offers three floors of living space with three full baths. The first floor entry hall main stairway runs beside the central chimney whose bricks are exposed on the hall side. The dining room is distinguished by a wainscoting, an original built-in cupboard typical of the early 18th century and the massive fireplace. The living room centerpiece is the ornate fireplace mantel that dates slightly after the McIntire period. There is access to the porch and gardens from this room. The eat-in kitchen is fully updated with modern appliances including natural gas cooking and double ovens. The second floor master bedroom offers a fireplace with sloping recessed sides and side light scones, wide pine floors and an updated master bath. Three additional rooms on this level and two more rooms and a full bath on the third level.
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| Mar 1, 2002 | Sold | ||
| Sold | |||
| Oct 10, 2001 | Listed by Beacon Properties | $460,000 | |
| Listed by Beacon Properties | |||
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THE NEAL HOUSE, LOCATED IN THE HEART OF SALEM'S HISTORICAL MCINTYRE DISTRICT IS ONE OF THE OLDEST HOMES IN SALEM.LISTED WITH THE NATIONAL REGISTER OF HISTORIC PLACES, THE HOME DATES BACK TO THE 1600'S IS COMFORTABLE FOR TODAYS LIFESTYLE
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017