25 Planters St
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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by Advisors Living - Boston | $439,000 | |
| Listed by Advisors Living - Boston | |||
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Opportunity awaits! Located in the Collins Cove neighborhood is this 6 room, 2 bedroom, 2 full bath Colonial situated on a quiet dead-end street in the historic Bridge Street Neck area. First floor consists of a large kitchen with pantry, sunny & bright living room, plus 2 bonus rooms for possible mudroom or home office, full bath off the kitchen. Upstairs you’ll find 2 bedrooms, one with a heated floor, a tiled full bath with a jetted tub, heated floor and towel rack! This home has a combination of hardwood and carpeted floors. Updated electric panel, and a tankless hot water system for energy savings. Outside you will find a deck, fenced yard, and driveway with parking for at least 2 vehicles. Located just steps to a nice, secluded public beach and quick access to the bike path. Salem is the destination city of the North Shore with museums, shops, & a thriving restaurant/arts scene. A commuters dream - just moments to the MBTA- train, bus, ferry and all of North Shore and beyond.
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| Jan 30, 2018 | Sold | ||
| Sold | |||
| Nov 24, 2017 | Listed by Advisors Living - Boston | $299,900 | |
| Listed by Advisors Living - Boston | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017