6 Auburn Rd
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Nov 13, 2024 | Listed by eXp Realty | $619,000 | |
| Listed by eXp Realty | |||
| | |||
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Come see this delightful 3-bed ranch on a side street offers the perfect blend of cozy living and outdoor entertainment just minutes from downtown Salem. Inside, you'll find hardwood floors throughout, abundant natural light, and a spacious open-concept living, kitchen, and dining area ideal for both everyday living and entertaining. A cozy gas stove adds warmth and charm on cooler nights. The kitchen features oak cabinets and sleek black appliances, combining style with functionality. Sliding doors from the dining area lead to a private deck that overlooks the backyard pool and expansive outdoor spaces. Whether you're hosting a summer barbecue or simply relaxing, the deck — along with the shaded patio below — provides the perfect spot for outdoor enjoyment. The lower level adds even more versatility to the home, with space for a family room, home gym, or office.
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| Nov 11, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017