03 Thomas Drive
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 |
|---|---|---|---|
| May 5, 2016 | Sold | ||
| Sold | |||
| May 18, 2015 | Listed by Tom Saab Real Estate | $409,900 | |
| Listed by Tom Saab Real Estate | |||
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Welcome to Thomas Drive, Salem New Hampshire! Thomas Drive is an eight-lot subdivision, set in a beautiful area of Salem, New Hampshire, directly off School Street, close to all the amenities that the Salem area has to offer. This new development is offering beautiful large house lots on a brand new street & cul-de-sac on public water and sewer. Several 6-8 room, 2-3 bath, 3-4 bedroom, colonial home styles are available for your consideration, up to approx. 2300 sf.. Choose your lot and home style, and have input with the builder from the start. A great opportunity to purchase a wonderful new home in a fantastic location ... don't miss out! Please Note: Photo on listing is a sample only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017