209 Jefferson Ave
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 2, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$550,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
| Jun 13, 2025 | Price Decreased |
$579,900
↓ $20K
(3.3%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by Tache Real Estate, Inc. | $599,900 | |
| Listed by Tache Real Estate, Inc. | |||
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Charming Salem Colonial with front farmer's porch and a terrific Sun Deck overlooking your back yard for playtime, family gatherings and gardening. Living room, DR & Kitchen has an Open flexible floor plan, featuring a spacious eat in kitchen, beautiful cabinets, granite counter tops, recessed lighting, hardwood floors a First floor Laundry space, rear entry room & bath with a tile shower and storage. Heating System (2012) with Central Air Conditioning, Gas water heater (2018), Roof (2015). Convenient to the High Energy of downtown Salem, offering a variety of Quality Restaurants, Pubs, Music, Shops, History and fun times. Very convenient to schools, churches, shopping, bus routes and the MBTA Commuter Rail.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017