48 Salem End Lane
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 |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $689,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
Fabulous Ranch style home located in the popular, and well sought after Salem End Road neighborhood. Wonderful size rooms with a Colonial feel. Large formal living room with gleaming freshly re-finished hardwood floors (throughout home) w/ picture window & gracious fireplace. Huge expansive kitchen with dining area. Updated cherry cabinets, granite counters & island, stainless steel appliances & pantry closet. Two extra-large spacious bedrooms. Two full baths; fully updated bath on 1st floor and full older bath in the LL. Great lower-level space including the carpeted playroom with fireplace, and two large rooms with new laminate beautiful flooring, wonderful useable space. Perfect for construction of 3rd bedroom. See price proposal from seller. Fabulous large yard and 1 car garage. Fabulous cul-de-sac. Conveniently located near shopping, Hospital, easy access to all major routes including Route 9, Mass Pike, & 495. Don’t miss this gem!
| |||
| Mar 9, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017