207 Salem Road
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Dec 14, 2023 | Listed by Coldwell Banker Realty | $225,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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4 Bedroom, 3 Bath Colonial located on 2 acres in Pound Ridge. This property is part of an online bidding event & bids can only be placed on the event website during the auction period 12/18/23 to 12/20/23. The list price is not indicative of Seller's final reserve amount. It is only an opening bid. Inspections of this property & contact with occupants are strictly prohibited. Property is sold 'as is', cash only & no interior access is permitted until after closing.
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| Oct 29, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017