21 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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 1, 2023 | Listed by William Raveis R.E. & Home Services | $697,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Located in the heart of Longmeadow’s desirable Blueberry Hill neighborhood, close to parks, shops, dining and other amenities, this gem of a home awaits the discerning buyer and has has been lovingly maintained and cared for over the years. From the beautiful landscaping and lush yard, to the spacious interior, quality construction, hardwood floors and wonderful natural light, this home is primed for its next chapter. Multiple zone electric heat combined with Southeast exposure in the back could be an ideal solar set-up. On the other hand, the gas line, fueling the raised hearth fireplace in the family room might also be used for a gas heat. Four bedrooms, 2.5 baths, a cozy 1st floor office, gorgeous millwork, front to back living room, attached 2 car garage, 3rd fireplace in the finished basement, ample closet space and fabulous curb appeal are just the beginning. You've been waiting for this one! See attached feature sheet for updates and improvements.
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| Sep 1, 1980 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017