40 Hagop
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | Listed by Salem Manufactured Homes, LLC | $189,000 | |
| Listed by Salem Manufactured Homes, LLC | |||
| Mar 24, 2022 | No longer available | - | |
| No longer available | |||
| Mar 11, 2022 | Listed by RE/MAX On the Move & Insight | $160,000 | |
| Listed by RE/MAX On the Move & Insight | |||
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Rarely does a home become available in Kachadorian Park, a 55+ community. Cute farmer’s porch for warm weather and a large 3 season room for indoor enjoyment and could be your craft, hobby or workout room. The floor plan is perfect for privacy with 2 bedrooms located on opposite ends and each bedroom has its own full bath. Washer & Dryer included. Large shed for storage. It’s a terrific lot location and the park is quiet and conveniently located in the hub of Salem within walking distance to grocery and retail off Rt. 28 in the border town of Salem. Move in Condition, vacant and quick closing available. Sorry, no dogs but cats are allowed. Subject to park management approval. $200 application fee. The manager has listed the unit size as 1008 square feet.
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| Dec 29, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017