13 Salem Avenue
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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.
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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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2023 | Listed by Coldwell Banker Realty | $3,799,000 | |
| Listed by Coldwell Banker Realty | |||
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Your Dream Beachside Retreat Awaits -Nestled on the pristine South end of captivating Spring Lake, a mere stone's throw away from the iconic South End Pavilion. A stunning residence that combines the perfect blend of location, luxury, and timeless charm. Boasting 5 bedrooms and 3 full baths, this meticulously designed home caters effortlessly to both family living and grand entertaining. The resplendent hardwood floors throughout exude a sense of timeless sophistication, while the delightful arched doorways and the inviting fireplace in the living room create a warm and welcoming ambiance. A Charming Community - Where Happy Neighbors Become Friends. Spring Lake awaits with its quaint and enchanting downtown, a haven for boutique shopping and gourmet dining. The two pavilions featuring saltwater pools offer a refreshing escape during warm summer days, while nearby parks beckon with tennis and pickleball courts for outdoor enthusiasts. Don't miss the opportunity to explore Mariucci Memorial Park in the North End and Divine Park, a serene oasis overlooking the picturesque Lake, where happy moments unfold.
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| Nov 30, 2012 | Sold | ||
| Sold | |||
| Aug 30, 2012 | Listed by Berkshire Hathaway HomeServices New Jersey Properties | $1,725,000 | |
| Listed by Berkshire Hathaway HomeServices New Jersey Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017