3 Kiowa 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 |
|---|---|---|---|
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Apr 5, 2017 | Listed by Berkshire Hathaway HomeServices Verani Realty | $472,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Pull into the brand new driveway to see this immaculate contemporary colonial in one of Salem's most desirable neighborhoods. Recently remodeled kitchen features brand new cabinets, granite countertops and stainless steel appliances, and it opens up to a large, fireplaced family room. Immaculate hardwood floors throughout the main level of the home. Natural light pours through the oversized windows in every room. Five bedrooms grant enough space for the whole family, with potential office/bonus room. Master bedroom features beautiful hardwood floor, master bathroom, and two closets with custom shelving. Additional finished living space in basement. Pellet stove in the family room keeps the house toasty all winter long. Enjoy the privacy of the large backyard complete with basketball court and fire pit. New windows and freshly painted. Nothing to do but unpack!
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| May 27, 2005 | Sold | ||
| Sold | |||
| Nov 3, 2004 | Listed by Century 21 McLennan & Company | $459,900 | |
| Listed by Century 21 McLennan & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017