138 Jersey Street
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 |
|---|---|---|---|
| Jul 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 4, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 1, 2025 | Listed | $669,000 | |
| Listed | |||
| | |||
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Cape style home in a desirable neighborhood near Salem harbor! Open living concept features a living room with vaulted ceiling, fireplace and dining area. The kitchen has recently been renovated with new cabinets, granite countertops and appliances. The guest bedroom and bath are on the main level. The primary bedroom and bath are on the second level along with the washer/dryer. Central air conditioning. There is a two level deck off of the kitchen that leads to a private yard. The yard is a gardner’s delight as it faces west for an abundance of afternoon sunlight. There is also a potting/storage shed. Salem harbor can be viewed from the front of the property and there are “Beach Rights” at the end of the street for access to the water. Launch a kayak or paddle board or simply sit at the waters edge and enjoy the sunset. Open Houses cancelled. Owner is not selling.
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| Oct 21, 2022 | Sold | ||
| Sold | |||
| Jul 18, 2022 | Listed by Sagan Harborside Sotheby's International Realty | $539,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017