7 Brooks St
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 5, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Coldwell Banker Realty - Beverly | $599,900 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Welcome Home to the perfect blend of comfort and style in this 2005 build home near downtown Salem. This 2-bedroom 1.5 bath Ranch offers over 2000 sq ft of single-leveling living boasting a sunny and spacious layout. Front entrance greets you in with an airy sunroom that leads to a expansive Living room and large eat in Kitchen equipped with open shelving, tons of cabinets and SS appliances. Oversized Primary en suite is a true retreat providing space for a king-size bed, office nook, double closets and a full bath. Ample 2nd bedroom and a 3rd room perfect for bedroom/guest room or home office. Beautiful hardwood floors, recessed lighting, Central Air plus a fenced-in backyard and storage shed! Bonus - Attic expansion potential, offers endless possibilities for customization. Located on a quiet dead-end street within minutes to downtown amenities, commuter rails, shopping and more. Come home to Salem!** OPEN HOUSE Sat/Sun Nov 2 & 3 11:30-1:30 **
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| Mar 3, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017