Lot 2 Salem Rd
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 |
|---|---|---|---|
| Nov 5, 2014 | Sold | ||
| Sold | |||
| Sep 28, 2013 | Listed by Your Way Real Estate, LLC | $580,000 | |
| Listed by Your Way Real Estate, LLC | |||
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Newbury design. Quality built colonial in East Dracut. Easy commute to highway. 4 bedrooms, 2.5 baths, hardwood floors. Kitchen features maple cabinets with island, granite counters and breakfast area.24 X 24 family room with vaulted ceiling. Master bedroom with walk in closet and master bath with 6 ft walk in shower, linen closet and double vanity. Three more bedrooms, another full bath and walk up to attic. 2 zone central air, 2 car garage all set on over an acre of country, level lot. Many more designs to choose from as well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017