1453 Salem Court
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 |
|---|---|---|---|
| Jun 10, 2025 | Price Decreased |
$555,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed | $565,000 | |
| Listed | |||
| | |||
|
This home is perfectly located high on hill with south westerly views in the lovely community of Pilgrim Creek Estates. This community is a 55 plus community, where you OWN THE Land! The kitchen has just been upgraded with new kitchen cabinets (soft close), quartz countertops, deep kitchen sink, new stainless appliances, and new paint. The home has had all new vinyl flooring throughout. Light bright new dual pane windows. Recessed lighting throughout. The kitchen has an open concept with the dining room in view and plenty of room for a good sized island. The kitchen flows into the large living/family room with high ceiling with a beam accent and there are plenty of windows to enjoy the south westerly views. You can access the back patio from the family room and sun room. The back patio has space to set up sitting areas to relax and enjoy the views or do some gardening. The master bedroom has new flooring and windows and the master bath has been remodeled with new vanity and new tile in large shower. The second bedroom has new flooring and windows and updated bath. There is a separate laundry room with with desk area. The carport is long and room for 2 cars. Come be a part of this active community with a clubhouse with full kitchen, pool, spa, exercise gym billiard room and free RV parking. Property is available for rent, see MLS # NDP2506168
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| Sep 25, 2015 | Sold | ||
| Sold | |||
| Jan 2, 2015 | Listed by RE/MAX Regal | $211,900 | |
| Listed by RE/MAX Regal | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017