5704 SALEM Drive
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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 28, 2022 | Sold | ||
| Sold | |||
| Jan 31, 2022 | Listed by Diligent Real Estate Group | $145,000 | |
| Listed by Diligent Real Estate Group | |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2020 | Listed by Linda Bastraw Realty | $95,000 | |
| Listed by Linda Bastraw Realty | |||
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Excellent home for First Time Buyer! Formal living room. Den with sliding door leads to backyard. 3 bedrooms, 2 full baths. Master features jetted tub, double closets. Utility room. Bonus room could be your personal gym, game room, office, or add closet and use as 4th bedroom. Kitchen includes refrigerator, dishwasher, gas stove, breakfast bar. One car garage. Nice backyard with covered patio.
PLEASE NOTE: GRASS IS ILLUSTRATION ONLY!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017