29 Williams Street
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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Price Decreased |
$555,000
↓ $34K
(5.8%) | |
| Price Decreased | |||
| May 8, 2024 | Listed by Compass | $589,000 | |
| Listed by Compass | |||
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Key Location - approx 5 min walk to Commuter Train to Boston (half hour ride to Boston), the Salem Common, restaurants and shops of Historic Salem with a great Walk Score of 93. Classic Salem Old Style 2 - 3 bedroom single family home oozes with charm with 4 fireplaces, wide plank hardwood floors, build in dining cabinet and a private back yard are just a few features that will attract you to this home. The main floor features a living room, dining room (or use as a main floor bedroom), eat-in kitchen, and a full bathroom; while the second floor houses the two bedrooms. Main floor layout is perfect for aging in place when using DR as BR - makes for easy living. The attic offers expansion possibilities or ample storage space, and the large basement provides a bulk head walkout to the private back yard. This home presents an ideal opportunity for a starter home, condo alternative, or investment property. With some personal touches, this home can become a true gem in a key location.
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| Jul 22, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017