1469 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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by McDermott Realty Group | $549,900 | |
| Listed by McDermott Realty Group | |||
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Do not miss the opportunity to own this home in the prestigious 55+ community of Pilgrim Creek Estates, featuring a pie-shaped 10,000+ sq. ft. lot with a view of beautiful sunsets. This 3 bed/2 bath home features an open floor plan to the living, dining, kitchen and breakfast bar. The primary bedroom has ample storage with a spacious walk-in closet, and individual laundry area with cabinetry. Remodeling was made to the office turning it into a 3rd bedroom, with new carpeting & laminate flooring throughout the home. The bathrooms have upgraded cabinetry, vanities, and storage. The kitchen was given a brand new look with granite countertops, new white cabinetry, stainless steel appliances, along with the breakfast bar. The community offers their residents many amenities to enjoy! The sparkling pool, spa, club house, exercise room, billiard room, and RV parking. Plus you own the land! Conveniently close to freeways & shopping provides comfort for senior living. Don't miss the chance to own one of the largest lots in this neighborhood and make it yours!
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $349,900 | |
| Listed | |||
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The manager has listed the unit size as 1544 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017