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21 Crescent Dr
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 1, 2010 | Sold | ||
| Sold | |||
| Jan 28, 2010 | Listed by Century 21 North East | $284,900 | |
| Listed by Century 21 North East | |||
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PRICE REDUCED!--LOOKING FOR QUICK SALE!! Located on a quiet cul-de-sac in one of Salems most sought after neighborhoods. Very close to schools, hospital, shopping. Brand new appliances, cabinets, counter-tops. New bathroom. New flooring throughout. Lots of expansion room in dry basement with separate entry, high ceilings, insulation, and working laundry. Very motivated seller is ready to move forward. COME SEE IT AND MAKE AN OFFER!
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