26 Columbus Ave
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$1,175,000
↓ $50K
(4.1%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by LandVest, Inc., Ipswich | $1,225,000 | |
| Listed by LandVest, Inc., Ipswich | |||
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Enjoy outstanding water views from this beautifully renovated waterfront home with fully finished detached 379± bonus living space in Salem’s desirable Juniper Point/Willows neighborhood. The brand new kitchen with cherry cabinetry, leathered quartzite counters, breakfast nook, and pantry/bar opens to a sun-filled family room with walls of windows overlooking Juniper Cove, Baker’s Island, and beyond. A spacious living room with wood floors, beamed ceiling, and paneled walls adds warmth. The first floor also offers a mudroom, laundry, and full bath. Upstairs: the primary with water view, two additional bedrooms, and full bath. The newly finished, insulated detached space includes heating and cooling. Outdoor highlights: large front porch, expansive back deck, level yard, sheds, and parking for 4–5 cars. Private stairs lead directly to Juniper Cove for swimming, kayaking, and exploring. Near Winter Island Park, sandy beaches, tennis, bike paths, and more—coastal living at its finest
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| Jul 1, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017