175 Salem St
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Leading Edge Real Estate | $869,900 | |
| Listed by Leading Edge Real Estate | |||
| | |||
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Location, location- it doesn't get better than this! Colonial gem near the POPULAR OLD CENTER is the perfect blend of historic charm & modern upgrades on a PRIVATE, QUIET acre! A welcoming floor plan bathed in natural light boasts high ceilings, hdwd thruout & flows beautifully for entertaining! Period features include original glass handles, crown molding & more! Chef's dream updated granite kitchen is designed for efficiency. A tasteful blend of quality white cabinetry w a gorgeous solid maple island & 2 pantries. Bright famrm w deck overlooks quiet back & side lawns. Elegant dinrm. F-B livrm w blt-ins & cozy wood burning fpl. Convenient 1st flr 3/4 bath. Sunroom w walls of windows is a great work from home space! F-B Main bdrm w romantic fpl & access to full bath. 2 more spacious bdrms. Most rooms freshly painted. Plenty of storage for bikes & sports equip in w/out basement w workbench. 3car gar! Peace of mind-house wired for generator. Fun lifestyle & super convenience!
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| Jun 11, 1996 | Sold | ||
| Sold | |||
| Mar 22, 1996 | Listed by Leading Edge Real Estate | $279,900 | |
| Listed by Leading Edge Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017