24 Raymond 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 |
|---|---|---|---|
| Feb 18, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed | $599,000 | |
| Listed | |||
| | |||
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This charming home offers 3 bedrooms and 2 full bathrooms. The main level features a large living room with fireplace, a beautiful kitchen and sun lit dining area. An enclosed porch off the front of the house and a mudroom off the kitchen, offers modern day convenience . Upstairs you will find 3 bedrooms and a full bath. The partially finished lower level provides flexible living space offering two additional rooms. The lower level also houses the 2nd full bathroom. From the basement, you can easily access the great backyard, complete with a wood deck, flat yard and detached 2 car garage. Located in South Salem close to Salem State University, downtown Salem and Salem Harbor. A stone's throw to 2 local parks and a playground with basketball courts. 24 hours notice for showings is appreciated.
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| May 31, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $399,999 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Dec 9, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017