7 Salem Place
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 |
|---|---|---|---|
| Apr 15, 2011 | Sold | ||
| Sold | |||
| Feb 9, 2010 | Listed by eXp Realty | $259,000 | |
| Listed by eXp Realty | |||
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Move right into this 4 bedroom Colonial nr Malden Ctr. This property features updated kitchen and baths, carefree vinyl siding, hardwood floors throughout, and off street parking. Newer roof, boiler, and windows done in 2009. Conveniently located close to shops and restaurants as well as the Orange Line.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017