16 Old Salem Rd
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 31, 2014 | Sold | ||
| Sold | |||
| Nov 19, 2013 | Listed by Sagan Harborside Sotheby's International Realty | $425,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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A charming, sun-filled, farm-style circa 30's home with beautiful detailing inside and out, on a large corner lot. Double French doors in dining room and Living room open to a gracious porch running the length of the house..Dining room features built in china cabinet plus built in drawers and cabinets for silver and linen storage. Generously sized living room with fireplace flanked by storage cabinets.. All windows with full insulation. Oil heat. Gas in house. Walk to the new Glover School. Open House December 8 from noon to 1:30 p.m.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017