71 Salem
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 |
|---|---|---|---|
| May 10, 2018 | Sold | ||
| Sold | |||
| Mar 28, 2018 | Listed by Century 21 North Shore | $489,900 | |
| Listed by Century 21 North Shore | |||
| Sep 15, 2011 | Sold | ||
| Sold | |||
| Jun 7, 2011 | Listed by William Raveis R.E. & Home Services | $299,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
7 room, 3 bedroom cape with fire placed living room, thermal windows, 3 ceiling fans, eat-in, oak cabinet kitchen & oversized deck facing large level back yard. Conveniently located to downtown and Memorial Park with easy access to 93,128 and public transportation. Good opportunity for handy person to add some updating and make Reading your home! Broker accompanied showings.
| |||
| Mar 16, 2011 | Listed by Century 21 North Shore | $339,900 | |
| Listed by Century 21 North Shore | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017