52 Salem 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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Relisted | $723,000 | |
| Relisted | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by RE/MAX Partners | $1,499,900 | |
| Listed by RE/MAX Partners | |||
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Antique charm meets modern living in this beautifully updated 1816 home set on an acre-plus lot in one of Andover’s most sought-after locations. Located across the street from Phillips Academy and only one mile to downtown shops, dining and commuter rail. The spacious, level backyard is surrounded by mature trees, offering a peaceful and private outdoor retreat. Inside you’ll find a brand-new kitchen featuring quartz countertops, a large center island, upscale appliances, including a dual fuel Wolf range, and abundant cabinetry. The main level includes both formal living & dining rooms, family room with wood stove, home office, butler’s pantry, full bath and laundry room, creating exceptional flexibility for today’s lifestyle. Upstairs offers five generous bedrooms and two updated full baths. With a newer heating system, roof, and windows, this home offers a rare opportunity to enjoy classic New England character with modern updates in a premier Andover location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017