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3104 SALISBURY DRIVE
About This Property
Recent renovations include new vinyl plank flooring throughout, a fully updated kitchen with brand-new appliances, and a refreshed bathroom with clean, modern finishes. Natural light fills the living spaces, while the enclosed sunroom adds extra flexibility for a home office, reading room, workout space, or second living area. Just beyond, the screened-in patio creates the perfect spot to enjoy morning coffee or unwind in the evenings without worrying about bugs or rain.
Outside, the fully fenced backyard offers privacy and plenty of room for pets, gardening, entertaining, or simply enjoying the outdoors. A storage shed provides additional space for tools, bikes, or seasonal items. Major updates include a 2018 roof and a brand-new hot water heater, helping provide peace of mind for years to come.
Conveniently located near parks, shopping, dining, Gulf beaches, and everyday conveniences, this updated Holiday home is a great opportunity for a primary residence, seasonal home, or investment 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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Aug 4, 2026 | Relisted | $200,000 | |
| Relisted | |||
| Jul 5, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$200,000
↓ $15K
(7%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by REAL BROKER, LLC | $215,000 | |
| Listed by REAL BROKER, LLC | |||
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About Holiday Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017