Lee
200 Lee Road 342
$517,000
●
House -
Off Market
200 Lee Road 342
Salem, AL 36874
3 Beds
2 Baths
1,950 Ft²
$539,904
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Awesome Lake Harding Home located on a deep water cove with large
lot! One of the best streets in the area for this 3 bedroom, 2 bath
home with many amenities. In the living area there is a wall of
windows to allow beautiful views of the water as well as natural
light and plantation shutters! Nice kitchen with wood cabinets and
lots of storage as well as an eat at bar. There are hardwood
floors, carpet, wood burning stove and laundry room. Outdoors you
can enjoy the large yard, above ground pool and are so close to the
water that you can sit on the deck and talk to family and friends
swimming in the water. Not to mention the brand new covered boat
dock with 2 slips for your boat and jet skis as well as a sitting
area all under cover. This one is a must to see!
Unit Size
1,950 Ft²
Days on Market
95 days
Land Size
1.00 acres
Price per sqft
$276
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1960
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (GAMLS #20110744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Coldwell Banker Spinks Brown | $539,000 | |
| Listed by Coldwell Banker Spinks Brown | |||
| Mar 2, 2022 | No longer available | - | |
| No longer available | |||
| Feb 24, 2022 | Listed by COLDWELL BANKER KPDD | $429,900 | |
| Listed by COLDWELL BANKER KPDD | |||
| | |||
|
Adorable Lake Harding Home nestled in a deep water cove on a large level lot!! Great location on the lake. Many features of this home include a 3 bedroom, 2 bath with wood floors! Walls of windows allow natural lighting with gorgeous plantation shutters!The Kitchen boasts an island and all wood cabinets! Many areas to enjoy entertaining at to include outdoor tiki bar and lots of decking with spectacular views. Enclosed boat house is a plus to protect your boat year round! The manager has listed the unit size as 1950 square feet.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lee
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Listed by: Ben Yates, Coldwell Banker Spinks Brown
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 20110744
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 20110744
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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