70 Salem Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 2, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed | $2,850,000 | |
| Listed | |||
| Dec 14, 2007 | Sold | ||
| Sold | |||
| Jul 18, 2005 | Listed by Keller Williams Realty Evolution | $2,650,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Brick & shingle-style residence perched on a hilltop amidst 48+/- acres offering complete privacy and panoramic views. 5,000+ sf of living space with 6 bedrooms, 4 full and 2 half baths. Extensive grounds include a swimming pool, pool house, 2 small barns, separate 3-bay garage, expansive lawns, meadowland, woodland, a small pond and conservation land. Property includes a potential building lot or conservation gift parcel.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017