1618 Salem Road
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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%.
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Keller Williams Legendary | $799,000 | |
| Listed by Keller Williams Legendary | |||
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Beatiful brick cape in move in condition . No car needed very close to worship , shopping , trans. and and school . New kitchen , 3 new baths , new gas heating system , new central air . 4 bedrooms plus finished basement with full bath and private ent . Laundry hook up on first floor and basement . Hardwood floors just redone , full rear dormer . Not in incor. village
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| Jan 1, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Dec 29, 2023 | Listed by Keller Williams Legendary | $795,000 | |
| Listed by Keller Williams Legendary | |||
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Just totally renovated brick cape . A few blocks from worship, school, trans shopping . All new gas heat , 3 bathrooms, kitchen , hardwood floors . House also has central air . Just move in . needs nothing . Finished basement with full bath and private ent Not in incorporated village Laundry on first floor as well as basement
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017