17B Salem Drive
About This Property
This beachy/1920 floor design home has been re-built from studs in, double sheetrock with fire retardant, newer windows, high efficiency oil filled hydroponic baseboards and upgraded thermostat, luxury vinyl plank flooring, white 2 panel doors, high end crown molding through out home and tray style ceiling in livingroom.
Kitchen offers custom cabinetry, extended counter space, full appliance package,backsplash and breakfast bar.
Did I mention the extended spa-like bathroom suite with oversized tiled walk in shower and custom vanity.
Electrical and plumbing is all new including a new panel box.
Front door is conveniently located to assigned parking spot, house is freshly painted, and all permits can be produced.
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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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$109,900
↓ $10K
(8.3%) | |
| Price Decreased | |||
| Jun 12, 2025 | Price Decreased |
$119,900
↓ $5K
(4%) | |
| Price Decreased | |||
| May 9, 2025 | Price Decreased |
$124,900
↓ $3K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017