7 Palis Dr
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 19, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by William Raveis Real Estate | $925,000 | |
| Listed by William Raveis Real Estate | |||
| Oct 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 2, 2025 | Listed by William Raveis Real Estate | $999,000 | |
| Listed by William Raveis Real Estate | |||
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POST & BEAM PERFECTION! This stunning custom built colonial in coastal Salisbury, MA offers warmth & character at every turn. The open floor plan flows naturally on the 1st floor with HW floors throughout, a spacious fireplaced LR, dining area, ½ bath & eat-in kitchen. Offering both 1st floor AND 2nd floor primary suites with fireplaces, vaulted ceilings, skylights, walk-in closets & tiled full baths with jacuzzi tubs. 2 addtl bedrooms & full bath round out the 2nd floor. The lower level game room, complete with stone fireplace & bar area, walks out to a back patio complete with hot tub & above ground pool with expansive deck. Just some of the recent improvements include brand new heating system, new hot water heater, new kitchen appliances. Rail trail access located on Palis Dr provides walk/bike access to Nbpt and beyond. 10 mins to Nbpt, Salisbury beach, 95 & 495, this property offers an unparalleled value & opportunity for the saavy buyer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017