85 Flint 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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed | $489,000 | |
| Listed | |||
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Sweet 3BR Salem home with hardwood floors, elegant dining room featuring designer grasscloth wallpaper & kitchen with maple cabinets & a long sweep of granite counters. Beautiful wood plank sloped ceilings in the family room with french doors to your private backyard. Two bedrooms on the main floor. Second floor hosts a 3rd bedroom, main bath, bonus room & reading nook. Efficient gas heat & full basement provides plenty of storage. Great condo alternative - a true gem in downtown Salem! Modern updates with preserved original charm. Private outdoor space is incredibly rare for downtown Salem. Perfect for families, professionals, or investors seeking historic character with contemporary comfort. Prime location near Mack Park, Leslie’s Retreat Dog Park, commuter rail to Boston, Salem Common, waterfront, SSU, fine dining, entertainment & all the eclectic downtown options. Additional off street parking available in 2 lots on Mason & Flint. Showings 10am-11am Wed 6/18-Sat 6/21
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| Jun 11, 2014 | Sold | ||
| Sold | |||
| May 1, 2014 | Listed by J. Barrett & Company | $269,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017