4 Pioneer Circle
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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Churchill Properties | $575,000 | |
| Listed by Churchill Properties | |||
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Quiet cul-de-sac in prime Witchcraft Heights location. Enter this beautifully maintained ranch with 2-3 bedrooms and 1 full bath with beautiful hardwood floors throughout. The open floor plan features an updated kitchen with granite counters and stainless steel appliances. Two steps up from the kitchen is a large family room with gas fireplace, picture window and slider to outside deck, living room has a bay window and seller converted the 3rd bedroom into a dining room. New owner can convert back to a 3 bedroom home if desired. Outside features expansive fenced in yard with a beautiful tree for shade. Hot water tank 2016 and newer roof. Heating system is gas forced hot water/2015. For extra square footage ,the lower level is unfinished with excellent potential to be finished with high ceilings and very dry. Located in the heart of Salem with easy access to highways, shopping, Salem Hospital and steps to Witchcraft Heights Elementary School.
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| Jan 1, 1967 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017