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5 Salisbury Road
About This Property
The thoughtfully redesigned interior features four spacious bedrooms on the second floor, including a spacious primary suite with a walk-in closet and private en-suite bath. Newly refinished hardwood floors flow throughout the home, complemented by a brand-new kitchen, beautiful modern bathrooms, newer windows, and updated electrical service. A new roof provides added peace of mind for years to come.
The first floor offers exceptional living space with a formal dining room, inviting family room, cozy den, and a convenient laundry room just off the kitchen, creating the perfect layout for everyday living and entertaining. Looking for more space to spread out? The partially finished basement provides just that. There is still unfinished space for a work bench or storage. An attached two-car garage adds even more convenience.
Ideally located in the heart of Delmar in the sought after Bethlehem school district , this home is just minutes from Normanside Country Club, Delaware Plaza, and Elsmere Elementary School. This is a rare opportunity to own a truly move in ready Colonial in one of the Capital Region's most desirable communities.
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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 |
|---|---|---|---|
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Listed by KW Platform | $560,000 | |
| Listed by KW Platform | |||
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Price Decreased |
$424,900
↓ $24K
(5.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017