2119 Salem Avenue
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Listed by Real Broker, LLC | $249,000 | |
| Listed by Real Broker, LLC | |||
| Mar 28, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by RE/MAX Plaza | $235,000 | |
| Listed by RE/MAX Plaza | |||
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Great Location! Beautiful lot backing to nature! Spacious 3 bedroom, 1 1/2 bath home with first floor den and workshop! 1 car attached garage was converted into workshop & storage but can easily converted back. Located in the desirable Oakland Subdivision with access to the Fox River. Inviting living room features propane gas fireplace. Spacious eat in kitchen with ample cabinets, quartz counters, recessed lighting, pantry. All appliances stay and the dishwasher and fridge are new! Sliders off eating to deck and yard. Just off the kitchen is the laundry room and half bath. In addition to the 3 spacious bedrooms and full bath on the second floor, there is a large den/office on the main level. Home has been freshly painted inside and out! Ceiling fans. Heat pump and a/c new '12, new well tank and newer roof. Great yard with large deck and enclosed gazebo. Large 16 x 12 shed for more storage. Kinetico RO system. Property is not in a flood zone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017