48 Salisbury St
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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Price Decreased |
$2,695,000
↓ $55K
(2%) | |
| Price Decreased | |||
| Aug 20, 2025 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $2,750,000 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
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Thoughtfully renovated & meticulously maintained, this classic colonial home in the Flats invites with timeless charm & modern conveniences. Through the center entrance be welcomed into the fireplaced living room & dining room- both refreshed in 2025 with new lighting, paint & wallpaper. The open-plan custom kitchen with marble counters, stainless appliances, and a butler’s pantry with sink, granite counters, and second dishwasher make this a wonderful home for entertaining. The second floor features a primary suite with walk-in closet & marble bath w/ soaking tub, 3 generous bedrooms with a full hall bath, and a laundry-ready closet. The lower level offers an excellent option for guests with a bedroom & ¾ bath, plus an office, laundry room & playroom. Plentiful closets & functional storage space abound throughout this home. The professionally landscaped yard is a welcoming spot to entertain on the deck & bluestone patio, or relax & play in the flat back yard.
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| Nov 30, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017