6 Grant 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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Listed by Real Broker MA, LLC | $585,000 | |
| Listed by Real Broker MA, LLC | |||
| | |||
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This beautifully maintained Colonial home is located in a highly sought-after South Salem neighborhood. The property features a eat-in kitchen with access to a mudroom & a back deck. The dining & living room boast gleaming hardwood floors, the dining area includes an original built-in that adds to the home's classic appeal. With three spacious bedrooms, a full bath on the 2nd floor & a convenient quarter-bath on the 1st floor, this home is designed for comfortable living. Enjoy outdoor relaxation on the inviting three-season porch or the back deck, overlooking a flat backyard & a two-car garage. The heating system was updated & the property has been meticulously maintained. The location is ideal for outdoor enthusiasts with great walking & hiking trails at the Forest River Conservation Area. Close by are the Commuter Rail, Ferry, a variety of restaurants, shopping, & the vibrant amenities of Salem. Stroll to Pickman Park & experience this peaceful, well cared for Neighborhood
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| Nov 6, 2023 | Delisted | - | |
| Delisted | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017