8 Taft Road
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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed | $679,000 | |
| Listed | |||
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Nestled in a serene neighborhood, this charming Cape-style home blends classic appeal with modern comfort. The residence boasts 1,925 sq ft plus a finished lower level and features 3 bedrooms and 2 full bathrooms. The main floor welcomes you with a spacious, light-filled living room and cozy gas fireplace. The adjacent bright and sunny eat-in kitchen includes stainless steel appliances and plentiful cabinet space. Sliders open to the deck and beautifully landscaped backyard with a marsh view. The dining room provides a perfect setting for entertaining. Upstairs, you’ll find a spacious primary bedroom complete with a bonus sitting area, two additional bedrooms, and a full bath. The recently renovated lower level is a true highlight—featuring a family room, playroom, office area, and laundry room with built-in pantry. Enjoy nearby Pickman Park playground, the Marblehead Rail-Trail, and Salem State University’s Jackman Field. Conveniently close to Vinnin Square, YMCA, and downtown Salem!
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| Nov 12, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017