14 Lee 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%.
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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by Gibson Sotheby's International Realty | $775,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Located in one of historic Salem's loveliest neighborhoods, this inviting 3 bedroom, 2 bathroom home in North Salem exudes charm both inside and out. Flow through from the fireplaced living room with adjacent sunny office to the dining room & beyond to the bonus sunroom/family room with a wall of windows overlooking the patio & yard. The timelessly updated kitchen boasts a high end Wolf Range, Sub Zero refrigerator, ample cabinetry and workspace, and views of the picturesque deck and yard. Upstairs features the primary bedroom w/ oversized closet room, two other bedrooms, and two bathrooms. Outdoors find sanctuary on the deck or patio surrounded by the landscaped yard. The two-car garage offers extra overhead storage for kayaks or other outdoor gear to explore the stunning natural surroundings. Only 0.7 mi to Salem Commuter Rail and about 1 mi. to downtown Salem. Easy access to Beverly, Peabody, Danvers. Nearby favorites include Furlong Park at water's edge & Greenlawn Cemetery.
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| Mar 22, 2019 | Sold | ||
| Sold | |||
| Jan 24, 2019 | Listed by Gibson Sotheby's International Realty | $519,900 | |
| Listed by Gibson Sotheby's International Realty | |||
| Jul 20, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017