314 Old Salem Road
About This Property
Upstairs, you'll discover incredible flexibility with three additional bonus rooms freshly updated with new carpet and a third full bath--perfect for a home office, additional living space etc. Walk in Attic Space is also easily accessible. The full unfinished basement features a roll-up garage door for convenient secure parking, plus a separate dedicated storage or workshop area. Don't miss your chance to live in one of the area's most sought-after neighborhoods! This Home is immaculate and Move-In- Ready!!!
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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 |
|---|---|---|---|
| Aug 29, 2026 | Price Decreased |
$575,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Pointer & Associates | $577,000 | |
| Listed by Pointer & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017