398 Salem Street
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 |
|---|---|---|---|
| Jul 14, 2017 | Sold | ||
| Sold | |||
| Apr 11, 2017 | Listed by Keller Williams Realty | $230,000 | |
| Listed by Keller Williams Realty | |||
| Apr 3, 2015 | Sold | ||
| Sold | |||
| Oct 20, 2014 | Listed by Coco, Early & Associates | $169,900 | |
| Listed by Coco, Early & Associates | |||
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Pretty as a picture New England Bungalow with one floor living, huge walk-up attic for future expansion, Farmers porch, and 1/4 acre fenced yard, across from beautiful River Front Park. Open concept living/dining room with wood flooring and built-in hutch, eat-in kitchen with pantry, two bedrooms with wood flooring and enclosed, heated porch has first floor laundry or may be relocated to cellar. High inviting ceilings compliment this home with expansion potential, newer furnace, fantastic fenced corner lot with off street parking and one car garage. Make this your HOME SWEET HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017