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694 Salisbury Street
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Listed | $770,000 | |
| Listed | |||
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Prime Salisbury St. Location! This young 4-bedroom, 3.5-bath colonial sits on a beautiful half-acre lot. Step into the two-story foyer, flanked by a living room/den with wainscoting and a formal dining room. The open-concept kitchen and family room are perfect for entertaining, featuring granite counters, stainless appliances, and deck access. The fireplaced family room boasts a cathedral ceiling. The main rooms on the first floor feature wood floors. Upstairs, find four bedrooms and two full baths, including a primary suite with a jet tub, stall shower, and dual sinks. The finished lower level offers a bonus room, office with built-ins, and a full bath—great for a home office or extra living space. Enjoy Worcester’s nine colleges, two hospitals (including UMass), The Hanover Theatre, WooSox baseball, and more!
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| May 28, 2005 | Sold | ||
| Sold | |||
| Sep 21, 2004 | Listed | $529,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017