4756 Salem Drive
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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 15, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Relisted | $240,000 | |
| Relisted | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by Keller Williams Realty | $240,000 | |
| Listed by Keller Williams Realty | |||
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Charming 3 Bedroom Home with Modern Updates and Spacious Backyard! Welcome home to this adorable 3 bedroom, 2 bath gem offering just under 1,200 square feet of comfort and style. Step inside to an open floor plan that’s perfect for entertaining, with plenty of natural light and fresh paint throughout. The updated primary bath adds a touch of modern luxury, while the walk-in laundry room doubles as a pantry that provides storage for your kitchen essentials. Enjoy the large, fully fenced backyard—ideal for gatherings, gardening, or simply relaxing outdoors. With its inviting layout and thoughtful updates, this home perfectly blends cozy charm and everyday convenience. HVAC replaced in 2021, roof in 2020, water heater in 2017, appliances in 2020. Electric box, windows and gas line replaced and upgraded in 2020, garage has myQ system that can be accessed via app from anywhere and by Amazon for package delivery. Wonderful location close to schools, parks, lakes and bike trails. Easy access to I-635 & I-30. 15 minutes to downtown Dallas, 10 minutes to Casa Linda shops and restaurants, 10 minutes to the Mesquite Rodeo. Move-in ready and waiting for you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017