307 Salem Avenue
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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 1, 2021 | Sold | ||
| Sold | |||
| Apr 18, 2021 | Listed by Jack Green Realty | $4,199,000 | |
| Listed by Jack Green Realty | |||
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A beautifully appointed Craftsman style home on a 75 X150 lot is rich in historical detail. Built in 2006, features open floor plan with soaring 3 story foyer, spacious family room, gourmet kitchen and breakfast nook. Formal dining room with oak coffered ceiling. Natural wood finishes of cherry and oak, custom cabinetry, stained glass, trim and built-ins throughout the home. Professionally landscaped backyard featuring gunite pool and outdoor seating area.
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| Apr 13, 2012 | Sold | ||
| Sold | |||
| Mar 5, 2012 | Listed by Coldwell Banker Realty | $1,925,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017