5500 SALEM
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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%.
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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.
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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 30, 2011 | Sold | ||
| Sold | |||
| May 9, 2011 | Listed by ERA Sellers & Buyers Real Esta | $95,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Oct 9, 2010 | Listed by ERA Sellers & Buyers Real Esta | $105,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Beautiful 3 bedroom, 2 full bathroom renovated home. Large family room with remote control fan-ceiling was done in a light hardwood. Kitchen was redone and update--lots of counterspace, new cabinets, countertops, light fixtures, ceramic/terrazo tile in kitchen. Den with lots of light. Large Laundry/utilitiy room off kitchen. Hall bath replaced tub/sink. Tankless water heater-roof replaced and windows in 2008. Backyard has view of mountains
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| Feb 1, 2007 | Sold | ||
| Sold | |||
| Oct 17, 2006 | Listed by Linda Bastraw Realty | $89,500 | |
| Listed by Linda Bastraw Realty | |||
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Freshly painted, repairs and cleaning will be done by Oct. 23. On lb after repairs done. Lots of house for the money.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017