3 Wells Rd
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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 28, 2024 | Listed by Keller Williams Realty Evolution | $494,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Move - in ready single family home in Salem, NH. Freshly painted throughout 3 bedroom- 2 full bath. This home features beautiful hardwood floors, cathedral ceiling, ceiling fan, skylight, sliding glass doors to a screened-in, three season porch ideal for relaxation. The backyard is huge with a Shed, big garden space, fire pit, w/private tree lined that end at the Spicket River. Generator on demand, mini-splits,sprinkler system, well water filtration system,spacious laundry room with sink,etc. The basement is finished with office space and extra room for storage. This home is minutes from top-rated Tuscan Village, Rockingham Mall, Atkinson Resort Country Club & popular Salem Heritage Trail.
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| May 1, 2019 | Sold | ||
| Sold | |||
| Feb 23, 2019 | Listed by Keller Williams Realty Evolution | $289,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Address: 335 Madison Avenue, New York, NY 10017