8 Salem 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 |
|---|---|---|---|
| Mar 8, 2019 | Sold | ||
| Sold | |||
| Dec 22, 2018 | Listed by Compass | $289,000 | |
| Listed by Compass | |||
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Welcome Home to this totally renovated 2 bed, 1.5 ba, 1072 sqft. Gambrel Colonial in sought after South Lawrence neighborhood! Looking for a turnkey property for under 300k? This is the home for you! Some of the many features include gleaming hardwood floors, new vinyl siding, state of the art high efficiency gas heating system, freshly paved back driveway, a completely remodeled kitchen with granite countertop, stainless steel appliances and soft closing cabinets, half bath addition on first floor and a completely remodeled bathroom with gorgeous tile work on the second level. All the major ticket items have been done over so you don't have to do anything but move in! Thinking of future expansion? The basement has great potential to be converted into more living space! This home is very easy to show! Schedule a private showing today!
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| May 16, 2018 | Sold | ||
| Sold | |||
| Apr 10, 2018 | Listed by Keller Williams Gateway Realty | $169,000 | |
| Listed by Keller Williams Gateway Realty | |||
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Sold as is. May not qualify for conventional lending. Buyers responsible for clean out. Great location and great price. Do not miss out! South Lawrence- Super desirable neighborhood with shady trees, and easy access to Rt 495 and 93!
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| Feb 29, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017