5008 SALEM
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Price Decreased |
$199,999
↓ $8K
(3.9%) | |
| Price Decreased | |||
| Feb 7, 2025 | Price Decreased |
$208,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jan 30, 2025 | Listed by Homes4salestore | $217,500 | |
| Listed by Homes4salestore | |||
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Northeast Gem, Single story Home with swimming pool, 3-bedroom, 2 bath, Cozy sunroom, Utility room, private fencing, minutes away from schools and shopping center. Ideal for entertaining family and friends. Great location, call for you appointment today.
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Property Highlights
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Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017