4 Salerno
About This Property
The first floor features soaring ceilings in the living room, a bedroom with a full bath-perfect for guests or multi-generational living-and elegant natural stone flooring. The open-concept kitchen flows into the family room, where a cozy fireplace adds warmth and charm. You'll also find a formal dining room for special gatherings, and a casual dining nook ideal for everyday family meals.
The backyard is a lush green oasis, beautifully landscaped with a variety of mature plants, creating a serene and private retreat.
Upstairs, you'll find the spacious primary suite along with three additional bedrooms. The primary bedroom boasts excellent sunlight from its south-facing windows, a large walk-in closet, a soaking tub, and a separate walk-in shower.
Located in one of the most desirable neighborhoods, Association Amenities include three pools, two spas, tennis courts, Tot lots, impeccably maintained lush parks with Mature Trees, and Walking Paths with an incredibly low HOA of just $54/month. Best of all, this home is within the highly acclaimed University High School district and No Mello Roos!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Price Decreased |
$2,188,000
↓ $62K
(2.8%) | |
| Price Decreased | |||
| Jul 11, 2025 | Relisted | $2,250,000 | |
| Relisted | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017