26 Orchard Ter
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by RE/MAX Innovative Properties | $449,900 | |
| Listed by RE/MAX Innovative Properties | |||
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One level of living at its finest, this lovingly maintained Ranch style home shows pride of ownership throughout! Featuring three bedrooms with hardwood floors, open concept kitchen and living area with luxury vinyl plank flooring, a full bath and spacious family room or home office. Updates include the heating and AC, roof, hot water tank, windows, slider, deck, fence, and appliances. Slider leads to oversized 29x12 deck that overlooks the beautiful fenced in level back yard and there are two storage sheds with power. A convenient location to Route 93 and all the amenities Salem NH has to offer, shops, restaurants, Canobie lake Park… A pleasure to show!
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| Apr 1, 2016 | Sold | ||
| Sold | |||
| Feb 1, 2016 | Listed by RE/MAX Insight | $219,900 | |
| Listed by RE/MAX Insight | |||
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