2203 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%.
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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 |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by Berkshire Hathaway HomeServices Starck Real Estate | $220,000 | |
| Listed by Berkshire Hathaway HomeServices Starck Real Estate | |||
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Absolutely Adorable, Updated Home across the street from the Fox River. Extra lot included with a 21'x21' Guest/Recreation Building all decked out for Summertime Fun. Two Car Garage. Home Features many updates in 2016 which included an updated Kitchen with Granite Countertops, Appliances, Wood Laminate Flooring, Bathrooms, Siding, Windows and much more. Nice size Living Room with Wood Laminate Flooring, Recessed Lighting along with Views of the River. Laundry is on the main floor with updated Water Softener System. Two nice size Bedrooms upstairs with a half bath. Out back recent additions include the Composite Decking off the Main House and a Brick Patio off the Recreation Building. Enjoy relaxing and soaking up the sun while entertaining your guest. The Recreation Building has a beautiful Bar and plenty of space for a table and couches. You have access to a pier across the street for $600 a season if you choose to use. This is not in the flood zone and is in a golf cart community. Come out and enjoy the fun! Very Secluded home at the end of the neighborhood but close enough to town, dining and shopping. You will not want to miss this one!!!
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| May 18, 2017 | Sold | ||
| Sold | |||
| Jan 31, 2017 | Listed by RE/MAX Showcase | $149,000 | |
| Listed by RE/MAX Showcase | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017