290 GRANT 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 |
|---|---|---|---|
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $19,776 | |
| Listed | |||
| | |||
|
Re-selling this great cute little property in a quiet spot in Salem. Rich Dad would approve of this investment for sure since the Taxes were reduced in Salem, though TREND does not have this updated yet, and 2018 appears to be at less than $2800 annually. Cute property. Note that property backs to marsh land, so this is a very serene nice yard. The manager has listed the unit size as 864 square feet.
| |||
| Jul 24, 2018 | Sold | ||
| Sold | |||
| May 7, 2018 | Listed by Century 21 All Elite Inc-Brookhaven | $14,000 | |
| Listed by Century 21 All Elite Inc-Brookhaven | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017