535 Salter Path Road #8
About This Property
The manager has listed the unit size as 1094 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 20, 2020 | In contract | - | |
| In contract | |||
| Jun 12, 2020 | Price Decreased |
$435,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Mar 8, 2020 | Relisted | $475,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/31/2023
|
3 Bed
|
3 Bath
|
1255 ft²
|
$695,000
3 Bed
3 Bath
1255 ft²
|
-
-
|
Linda Rike & Kelinda Rike
Linda Rike Real Estate
| |
|
01/13/2023
|
4 Bed
|
3.5 Bath
|
2104 ft²
|
$799,000
4 Bed
3.5 Bath
2104 ft²
|
-
-
|
William Michael Saleeby
Keller Williams Crystal Coast
| |
|
12/17/2022
|
2 Bed
|
2 Bath
|
1188 ft²
|
$595,000
2 Bed
2 Bath
1188 ft²
|
$595,000
01/18/2023
|
Linda Rike & Kelinda Rike
LINDA RIKE REAL ESTATE
| |
|
08/03/2021
|
3 Bed
|
2 Bath
|
1238 ft²
|
$635,000
3 Bed
2 Bath
1238 ft²
|
-
-
|
Alan T. Leary, III
RE/MAX Ocean Properties
| |
|
07/07/2021
|
2 Bed
|
3 Bath
|
1306 ft²
|
$615,000
2 Bed
3 Bath
1306 ft²
|
-
-
|
Alan T. Leary, III
RE/MAX Ocean Properties
| |
|
06/10/2021
|
3 Bed
|
2 Bath
|
1241 ft²
|
$649,900
3 Bed
2 Bath
1241 ft²
|
$615,000
-5.37%
09/24/2021
|
Mary Cheatham King Real Estate team
Keller Williams Crystal Coast
| |
|
10/09/2020
|
3 Bed
|
3 Bath
|
1525 ft²
|
$498,000
3 Bed
3 Bath
1525 ft²
|
$505,000
+1.41%
12/03/2020
|
CASSANDRA DIGBY
| |
|
08/13/2020
|
3 Bed
|
3 Bath
|
1512 ft²
|
$475,000
3 Bed
3 Bath
1512 ft²
|
$500,000
+5.26%
09/15/2020
|
Mary Cheatham King Real Estate team
| |
|
11/01/2019
|
2 Bed
|
2 Bath
|
1094 ft²
|
$475,000
2 Bed
2 Bath
1094 ft²
|
$430,000
-9.47%
07/24/2020
|
MICHAEL PROCTOR
| |
|
07/23/2018
|
3 Bed
|
3 Bath
|
1064 ft²
|
$379,500
3 Bed
3 Bath
1064 ft²
|
$345,000
-9.09%
02/19/2019
|
Pam Bird
| |
|
07/03/2018
|
4 Bed
|
2 Bath
|
2576 ft²
|
-
4 Bed
2 Bath
2576 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017