7 Roosevelt 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Shea Real Estate | $649,900 | |
| Listed by Shea Real Estate | |||
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Charming 3-Bedroom Home in Quiet Salem Neighborhood. Welcome to 7 Roosevelt Road, a beautifully maintained 3-bedroom, 1-bathroom home nestled in a peaceful and friendly neighborhood in Salem. With hardwood floors throughout, this home exudes warmth and character in every room. The spacious layout offers comfortable living spaces, ideal for relaxing or entertaining. The kitchen and dining area offer great space for everyday living, and the home’s neutral tones provide a perfect backdrop for your personal touches. Outside, you'll find a generous yard, perfect for gardening, play, or enjoying a quiet evening. A detached garage provides convenient storage or parking. Enjoy the tranquility of a residential setting, yet remain close to parks, local amenities, and the vibrant attractions of Salem. Whether you're looking to relax at home or explore the area, 7 Roosevelt Road is the ideal place to settle in. Showings to begin at open houses Saturday(Feb 1st) 11-12:30 and Sunday(Feb 2nd 12-1:15)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017