1437 Salem Ct
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 10, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $309,000 | |
| Listed | |||
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Light and bright home in beautiful Pilgrim Creek Estates. Two bedroom, two bathroom with laundry /craft room, shed and detached 2 car garage. This cheerful home is well-maintained and very spacious. Wood floors in Living Room and Family room. The community has RV parking, pool, spa, community center with billiards and an exercise room. This active 55+ neighborhood is a true gem in Oceanside. Come and check it out!The manager has listed the unit size as 1440 square feet.
| |||
| Jan 27, 2018 | Listed by Realty Executives | $309,000 | |
| Listed by Realty Executives | |||
| Mar 14, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017