6 1/2 Raymond Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 25, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | In contract | - | |
| In contract | |||
| Sep 20, 2022 | Listed by Shilalis Real Estate | $539,000 | |
| Listed by Shilalis Real Estate | |||
| | |||
|
Charm & character best describe this lovely 3 bedroom 1 bath Ranch Style property in vibrant Salem. Sun-filled living room with gleaming hardwood floors, Kitchen w/maple cabinetry, tile backsplash, stainless steel appliances, spacious lower level with bar & walk-out to fenced in backyard, as well as a huge walk up attic offers expansion potential galore. Short distance to Forest River Park, Salem State University, public transit, restaurants, shopping and all that historic downtown Salem has to offer! This is an estate. Seller has never resided in the property and makes no representations or implied warranties. Buyer/s and their agents to do their own due diligence. DO NOT walk the property without the list agent. Showings: Friday 9/23 from 4-6, Saturday & Sunday from 2-4, Monday 9/26 by appointment. Offers due Tuesday 9/27 by 10:00 am with 32 hour response for attorney review.
| |||
| Dec 3, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017