8 Old Salem 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%.
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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 |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Jan 8, 2026 | Listed by Gibson Sotheby's International Realty | $1,049,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Impeccable hip-roof Colonial located in the highly desirable Clifton neighborhood, just steps from Glover School.The sun-filled first floor offers a warm and inviting living room, half bath, private office with custom built-ins,dining area & stunning, fully remodeled kitchen.Designed to impress,the kitchen features recessed lighting, custom cabinetry, quartz countertops, Thermador appliances, built-in Sonos sound system, and an island with a breakfast bar. The second floor offers a classic and functional layout with two generously sized bedrooms & full bath, plus spacious primary bedroom suite. The primary bath includes double closets, custom-tiled shower, and a double vanity. Outdoor living is equally impressive, with deck access directly from the kitchen, a large, flat, fully fenced backyard, an irrigation system, a storage shed, and a paved driveway. Unfinished basement which includes a large work bench w/vice, w/d , storage, deck, HVAC & exterior paint.
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| Mar 10, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by Harborside Realty | $709,000 | |
| Listed by Harborside Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017