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70 Webb Street
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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed | $925,000 | |
| Listed | |||
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Spectacular water views from nearly every room in this elegant 3-bed, 2-bath home just a block from a sandy beach, 3 blocks from train, downtown Salem, shops and dining. Enjoy a professionally landscaped and fully-fenced succession garden, walking/bike path right outside your door, and a spacious deck overlooking boats in the harbor. The open living/dining area features a gas fireplace and gourmet kitchen with custom maple cabinets, granite counters, and stainless appliances. A full bath and large laundry room complete the main level. Upstairs, the primary bedroom offers ocean views and a custom walk-in closet. The second bedroom also has water views and a custom closet, third bedroom with walk-in closet, and pretty full bath on this level. Oak hardwood floors throughout. Additional features include a large pull-down attic with water views, outdoor shed closet, & off-street parking for 4 cars. This coastal dream home blends comfort, style, and location in one stunning package!
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| Jul 22, 2004 | Sold | ||
| Sold | |||
| May 17, 2004 | Listed | $439,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017