19 1/2 Laurel St
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Chinatti Realty Group, Inc. | $440,000 | |
| Listed by Chinatti Realty Group, Inc. | |||
| | |||
|
This 2BR bungalow is bigger than it looks! Mega Potential!! Lovingly lived in by the same owner for many years but now eager to begin new chapter of life...Large living room with fireplace & period mantle...solid real hardwood floors throughout first and second floors...Country style kitchen w/ barnboard and brick + slider to patio and partially fenced well sized backyard...Lots of natural light coming through newer windows... Dining room & 3rd bedroom round out the 1st floor...Huge 2nd floor master bedroom & 2nd bedroom w/ walk in closet...Newer furnace and hot water heater to make things easy for a new owner...Also a huge garage for storage or workshop, parking for at least 3 cars and pretty farmers porch, with Crosby's market nearby complete the picture of convenient in-town Salem Living.
| |||
| Dec 29, 2016 | Sold | ||
| Sold | |||
| Nov 11, 2016 | Listed by Chinatti Realty Group, Inc. | $310,000 | |
| Listed by Chinatti Realty Group, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017