8 Upham St.
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Listed by J. Barrett & Company | $579,900 | |
| Listed by J. Barrett & Company | |||
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Step into timeless Salem charm at 8 Upham Street. Your new home is nestled in the heart of beautiful North Salem. This antique home exudes warmth and character, with beautiful exposed interior post-and-beam construction, raised paneling, and rich wood floors throughout. Your ornate dining and living room fireplaces invites cozy evenings. The kitchen and adjoining dining room provide a classic flow for everyday living and gathering with family and friends. Upstairs, three comfortable bedrooms continue the charm, offering peaceful retreats beneath original details. Outside, a fenced yard and storage shed add convenience in a sought-after location close to Salem’s shops, historic landmarks, and commuter rail. Old-world charm, timeless details, and a feeling of home that only grows with every visit—this is the kind of place you’ll love coming back to.
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| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by J. Barrett & Company | $419,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017