35 Felt St
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 1, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Citylight Homes LLC | $309,000 | |
| Listed by Citylight Homes LLC | |||
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*UPDATE AS OF SAT 4/11/26 - OFFER DEADLINE IS TUES 4/14/26 @ 3PM* Rare opportunity to build a dream home in the established and beloved North Fields neighborhood of North Salem. This cleared corner lot, which previously contained a single-family home, offers a unique chance to create a custom residence in a location where opportunities like this are seldom available. Detached two-car garage remains on the lot. Property may allow for reconstruction on the existing footprint per City of Salem zoning ordinances. Conveniently located near the Bates School, two playgrounds, Commuter rail access, downtown Salem, dining & shopping. Bring your vision and make this property your own!
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| Dec 6, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2016 | Listed by J. Barrett & Company | $419,900 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017