42 Victory Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Price Decreased |
$600,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Apr 30, 2025 | Listed | $650,000 | |
| Listed | |||
| |||
|
Vacation vibes daily at 42?Victory?Rd—a renovated Dutch Colonial perched on Floating?Bridge?Pond with glittering views from nearly every room. Recent upgrades: quartz/stainless chef’s kitchen, spa bath?w/?heated floor, owned solar array, two 3-ton condensers + heat-pump heads in every room, and new 200-amp panel. Sunlit living room frames the water; dining flows to a covered balcony for sunset meals. Upstairs: two roomy bedrooms with hardwoods, big closets, walk-up attic potential. Outside: fenced yard, oversized shed/workshop, and easy launch for kayaks or skates. Set on the Lynn/Salem line, you’re about 1?mi to Kings?Beach and 1?mi to the Swampscott commuter rail—Boston in 22?min—and downtown Salem’s restaurants and museums in roughly 10?min. No condo fees, no compromises—just water, light, and smart efficiency. 4K video tour available.
| |||
| Jul 12, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017