8 Linden Ave
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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Coldwell Banker Realty - Marblehead | $699,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Welcome to 8 Linden Ave, a bright and beautifully maintained Cape on a quiet street in desirable South Salem. Around the corner from Vinnin Sq, this charming home offers a spacious open-concept kitchen and dining area, a sun-filled living room with fireplace, three+ bedrooms and three baths—including one in the finished lower-level, ideal for guests, a playroom, or home office. Enjoy a delightful sun porch, detached garage, easy-care vinyl siding, mature landscaping and a fully fenced flat backyard. With tasteful updates throughout and close proximity to Forest River, downtown Salem, Marblehead, the Swampscott commuter rail, and local beaches, this home blends comfort, flexibility and location. OHs Sat 08/02 and Sun 08/03 11-1pm. This is the home you’ve been waiting for!
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| Sep 21, 2012 | Sold | ||
| Sold | |||
| Aug 6, 2012 | Listed by RE/MAX Advantage Real Estate | $339,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017