42 Clark 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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Keller Williams Realty Evolution | $699,900 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
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The home you have been waiting for in Salem. Beautifully maintained Cape sited on a quiet cul-de-sac street offers the perfect blend of living space and bedrooms. The first floor with the laundry/mud room, ample kitchen, dining room and living room, also has a first floor bedroom which acts as an ensuite with its direct access to the full guest bath. Upstairs is two more oversized bedrooms and another full bath. The lower level is ideal for a family room, and offers wonderful potential for an extended family living area with its breakfast bar, full bath and separate entrance. Outside, the private fenced yard with large deck and above ground pool is the perfect space to relax or entertain. In close proximity to shops, restaurants, schools and commuter rail, be in your new home for the holidays.
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| Oct 7, 2019 | Sold | ||
| Sold | |||
| Mar 29, 1996 | Sold | ||
| Sold | |||
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