157 Lafayette Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 28, 2016 | Sold | ||
| Sold | |||
| May 23, 2016 | Listed by RE/MAX On The River, Inc. | $479,000 | |
| Listed by RE/MAX On The River, Inc. | |||
| | |||
|
Sunny & well maintained 7RM/3+BR/2BA Gambrel Colonial with flexible floor plan and large flat yard. Overlooks Salem Harbor and estuary marsh with lovely views and captures fresh ocean breezes year round. Main floor has living room with wood-burning fireplace, dining room with bay window, kitchen with wooden deck, full bath, and bonus room with deck which can be used for fourth bedroom, office, playroom, or family room. Hardwood floors in most rooms. Second floor has three bedrooms with ample closets and full bathroom. Full unfinished basement with high ceilings and open floor plan provides space for unlimited uses. Detached one car garage and plenty of parking in paved driveway area. Level yard with mature plantings. Gas heat and hot water, 200 amp electric circuit breaker system, freshly painted, newer roof with architectural asphalt shingles, newer windows and newer asphalt paved driveway. Easy location to access major highways for commuting to work. Ready for you to move in today!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017