2 River 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Compass | $1,075,000 | |
| Listed by Compass | |||
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Step into a piece of history with this stunning 1799 Gambrel Colonial nestled in Salem's coveted McIntire District. This dream single family boasts original king pine floors, wainscoting, custom woodwork and moldings showcasing the craftsmanship of a bygone era. The kitchen features solid wood custom cabinetry, soapstone, a large block window and breakfast nook. Completing the main level is a stunning dining room, central staircase, a dreamy fireplaced living room with custom built-in cabinetry, and half bath. The second floor has a primary bedroom with exposed beams, ensuite bath and double closets as well as another large bedroom. The light filled 3rd floor has a skylight, two more large bedrooms and a full bath. Above the kitchen is a gorgeous bonus room, currently used as a family room, featuring high ceilings, exposed brick and an abundance of light. The backyard is a garden oasis with a charming brick terrace off the walk-out basement ripe with unlimited potential.OFFERS TUES 5PM
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| Sep 29, 2015 | Sold | ||
| Sold | |||
| May 27, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017