3 Garrison Road
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 26, 2025 | Sold | ||
| Sold | |||
| Nov 3, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Listed by Lamacchia Realty, Inc. | $624,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to 3 Garrison Road, Salem, NH!This beautifully updated four-bedroom Colonial is filled with natural light and classic charm. Featuring gleaming wood floors, a bright and open layout, and many recent updates throughout, this home offers both comfort and style. The spacious kitchen and living areas flow seamlessly, perfect for entertaining or relaxing.Upstairs, you’ll find four generous bedrooms with plenty of closet space. Outside, enjoy a corner lot with great curb appeal, a one-car garage, and a convenient location just minutes from Tuscan Village, shopping, dining, and major highways.Move-in ready and full of warmth, this is the perfect place to call home!
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| Mar 31, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2020 | Listed by LAER Realty Partners | $439,900 | |
| Listed by LAER Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017