13 Preston 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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Keller Williams Realty Evolution | $695,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Located in a quiet neighborhood within walking distance to Salem State College, this Meticulous 3 BR/2BA home boasts a striking brick exterior that exudes timeless elegance and a mid-century modern vibe. Inside, the home offers three bedrooms, updated full bath, and open-concept Living Room/Renovated Kitchen/Dining & Cathedral ceiling Sunroom space on the main level, which overlooks the beautiful hardscaped patio with retractable awning - and beautifully landscaped fenced backyard - great for people and pets! Spacious family room, full bath, laundry and plenty of storage on the first level. So many recent upgrades including - owned solar panels, new roof (2019), skylights (2019), new siding (2022), Driveway (2021), Irrigation (2020), water heater (2023), flooring and appliances! Super clean, extremely well-maintained and ready to move right in!! SOLAR PANELS ARE OWNED, THERE IS NO ELECTRIC BILL & NO SOLAR PANEL CHARGES!!
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| Jun 30, 2015 | Sold | ||
| Sold | |||
| Apr 11, 2015 | Listed by Keller Williams Realty Evolution | $415,000 | |
| Listed by Keller Williams Realty Evolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017