8 Beechwood 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 |
|---|---|---|---|
| Sep 10, 2020 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by Berkshire Hathaway HomeServices Verani Realty | $686,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| May 31, 2018 | Sold | ||
| Sold | |||
| Feb 1, 2018 | Listed by New Homes Real Estate LLC | $574,900 | |
| Listed by New Homes Real Estate LLC | |||
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Final few spec homes remaining in Salem's coveted Silver Brook Crossing neighborhood. Featuring 22 homes located above the desirable and well established Silver Brook Road neighborhood equipped with Town water/sewer, natural gas and plentiful open space land. Perfect commuter location - just 5 minutes to Route 28 or Exit 1, Interstate 93. Lot 8 features the popular Truman floor plan with 2,940 SF of living space, an open concept 1st floor layout complete with an eat-in kitchen and a family room with a sweeping vaulted ceiling. Upstairs you will find a large master bedroom with an 11' dormer, double walk-in custom closets and a master bath en suite with a tile shower and double sinks. The basement is a perfect opportunity for a gym, media room or a bar, featuring high basement ceilings and a walkout with a window. Still time for buyer to make interior selections!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017