4736 Salem Rd
About This Property
Inside, the cozy and airy home is filled with natural light and modern upgrades. The living room is open to the impressive kitchen and offers ample counter space and storage, brand-new range, and dishwasher (2024), farmhouse sink, and oversized island with breakfast bar. The primary suite offers a large private bath with walk-in closet. Spacious guest rooms plus flex space (currently used as a workout room) are added bonuses! Recent improvements include a whole-house water softener with UV light and reverse osmosis filtration system, a new AC unit, upgraded faucets and fixtures, new carpet and stacking washer and dryer (2021).
Nature lovers will delight in the abundance of fruit trees and thriving plant life. The property boasts six apple trees, four peach trees, three cherry trees, three pawpaw trees, one persimmon, one fig, multiple blueberry bushes, three grape vines, three plum trees, one pear tree, two hardy kiwi vines, two Nantucket cherry trees, and three elderberry bushes. There's also a flourishing strawberry and raspberry patch, with strawberries, figs, grapes, and pears already producing fruit this year. Perennial herbs such as catnip, marshmallow root, lemon balm, lavender, comfrey, bee balm, and mint bring beauty and practicality to the landscape.
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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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Oct 28, 2025 | Listed by The Price Agency, Realty Execu | $435,000 | |
| Listed by The Price Agency, Realty Execu | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 10, 2021 | In contract | - | |
| In contract | |||
| Jun 30, 2021 | Price Decreased |
$330,000
↓ $30K
(8.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017