402 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 |
|---|---|---|---|
| Dec 28, 2011 | Sold | ||
| Sold | |||
| Oct 15, 2011 | Listed by Premier Realty Group, Inc. | $389,900 | |
| Listed by Premier Realty Group, Inc. | |||
| | |||
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HOW BIG? Deceiving from the outside, this COMPLETELY UPDATED three-bedroom cape/bungelow has NEW CENTRAL AIR, WINDOWS, & ROOF. The PRIVATE 1st FLOOR newer MASTER SUITE and FAMILY ROOM both have STUNNING views of the SECLUDED BACK YARD and HERON POND. The 2nd floor CUSTOM BUILT office with its skylights & built-in bookcases would lend itself perfectly to a craft room, toy room or sunsplashed art studio. ALL ROOMS have been freshly painted with today's colors. EASY ACCESS TO HIGHWAYS.
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| May 20, 2010 | Sold | ||
| Sold | |||
| Feb 24, 2010 | Listed by Premier Realty Group, Inc. | $369,900 | |
| Listed by Premier Realty Group, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017