29 Kelly 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 |
|---|---|---|---|
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Listed | $450,000 | |
| Listed | |||
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Charming 2-Bedroom Home with Endless Potential in Vibrant Salem, NH! Welcome to this adorable 2-bedroom home packed with potential and nestled in the thriving town of Salem, NH—where small-town charm meets modern convenience! Whether you're a first-time buyer, an investor, or someone looking to customize their dream space, this property offers the perfect blend of comfort, style, and opportunity. Step inside to find a cozy yet contemporary interior featuring: Efficient heating & cooling systems – Stay comfortable year-round without the hassle. Spacious living areas – Open layout ideal for entertaining or relaxing. Two well-sized bedrooms – Plenty of room for family, guests, or a home office. Outdoor Space & Detached Garage – Room to Grow! The perks don’t stop inside—this home boasts: Detached garage – Extra storage, a workshop, or parking protected from the elements. Flat, large backyard – Perfect for summer BBQs, gardening, play areas, or future expansion! Why Salem, NH. Location, Lifestyle & Opportunity! Salem isn’t just a place to live—it’s a lifestyle upgrade! Known for its: Prime location – Minutes from I-93 for an easy commute to Boston, Nashua, or Manchester. Shopping & dining galore – Home to the famous Salem Mall, Tuscan Village, and endless local eateries. Outdoor adventures – Explore Canobie Lake Park, hiking and the rail trail is right around the corner.
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| Jul 26, 2017 | Sold | ||
| Sold | |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Listed by Coco, Early & Associates | $274,000 | |
| Listed by Coco, Early & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017