312.5 Lafayette Street
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 |
|---|---|---|---|
| Feb 15, 2018 | Sold | ||
| Sold | |||
| Sep 7, 2017 | Listed by Keller Williams Realty Evolution | $449,000 | |
| Listed by Keller Williams Realty Evolution | |||
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BEST KEPT SECRET IN TOWN - Nestled back from road. This 8 room center entrance colonial boasts 4-5 bedrooms, 3 1/2 baths, high ceilings, possible first floor home office/den or 5th bedroom with full bath, replacement windows, hardwood floors, security system, slate roof, deck, fenced in yard. Near Osgood Park in beautiful South Salem/Forest river area. This home has Beach Rights (association membership required) to private beachfront which offers dock, moorings, swimming, picnics and more. Directly across from Salem State University and near Historic downtown Salem with numerous restaurants, world famous Peabody Essex Museum, public transportation and the "T" to Boston.
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| Jul 31, 2009 | Sold | ||
| Sold | |||
| May 5, 2009 | Listed by Keller Williams Realty Evolution | $409,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017