5 Greenway Rd
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $475,000 | |
| Listed | |||
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CHARMING HOME ON A QUIET DEAD-END STREET IN SALEM! Welcome to 5 Greenway Road, a lovingly maintained 2-bedroom, 1-bath home offering comfort, flexibility, and a peaceful setting. The fully applianced kitchen features stainless steel appliances and warm butcher block countertops, with an adjoining sunroom currently used as a dining area. The living room boasts hardwood floors and recessed lighting, creating a cozy and inviting space. The large primary bedroom includes sliders to the back deck, where you can enjoy views of the patio and garden. The second bedroom offers versatility and can easily function as a home office, dining room, or guest room. Basement with plenty of storage space and extra refrigerator included. Located in a quiet neighborhood yet close to all that Salem has to offer, this home is a true gem. SCHEDULE YOUR SHOWING TODAY—THIS ONE WON’T LAST!
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| Oct 29, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017