4 Pickering 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%.
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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 3, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Gibson Sotheby's International Realty | $1,245,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Cherished, impeccably maintained & improved by the current owners over 47 years, this 1948 colonial feels just right nestled among its 17th, 18th and 19th century neighbors. The EH opens to a spacious LR w/3 exposures, offering direct light all day. The LR leads to the sunroom w/high ceilings, custom windows & cozy radiant heat. Views of rolling lawn of the 1660 Pickering House and in the other direction, views through the LR to the entertainment-sized DR where French doors lead to the lovely private garden. Thoughtfully designed kitchen w/timeless appeal; great storage & counter space, top of the line appliances. Upstairs, 2 recently renovated baths, a spacious main BR, 2 more BRs, and an office. The 3rd floor has another BR/office. Of note: On-demand hot water, central air, high speed EV charger, new custom skylights on the 3rd floor. Downtown Salem with its restaurants and shops is less than 5 minutes away!
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| Jan 1, 1975 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017