12 OLD SALEM 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%.
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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 |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Nov 11, 2021 | Listed by BHHS Fox & Roach-Medford | $430,000 | |
| Listed by BHHS Fox & Roach-Medford | |||
| Oct 11, 2021 | No longer available | - | |
| No longer available | |||
| Jul 24, 2021 | In contract | - | |
| In contract | |||
| Jul 15, 2021 | Listed by Agent06 LLC | $295,000 | |
| Listed by Agent06 LLC | |||
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Take a step inside this contemporary home and see all the potential that is to be had; the options are endless! This centrally located property within the Sun Valley neighborhood is ready for you to put your stamp on it. Fantastic opportunity for investors or an individual who can make their vision a reality. As you enter the home, you will be greeted by the foyer, to the right of the foyer is a space that can be used as a bedroom or office space. Located down the hall is a formal dining room, powder room, and first floor laundry. Easy and inspiring entertaining opportunities from the kitchen to family room with its open flow and gorgeous wood burning fireplace. On the second level you will find 3 generous size bedrooms, which include the master bedroom. The master suite has a private full bathroom, and the hallway has another full bathroom for general use. This wonderful Cherry Hill beauty is close to popular shopping centers and access points to all major highways. Like they say, location location location! And like we say, renovation renovation renovation = opportunity opportunity opportunity! This FANTASTIC opportunity is being sold AS-IS, and all contents are to be disposed of by the buyer. The manager has listed the unit size as 2054 square feet.
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Cherry Hill Mall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017