85 Salem Hill 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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Listed by Real Broker, LLC | $640,000 | |
| Listed by Real Broker, LLC | |||
| Mar 15, 2018 | Sold | ||
| Sold | |||
| Jan 26, 2018 | Listed by C21/ Action Plus Realty | $339,000 | |
| Listed by C21/ Action Plus Realty | |||
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Here is Your Opportunity to Have RANCH STYLE Living in Candlewood Commons!*This Home Has Been Updated and Upgraded and WILL NOT Disappoint!*Gleaming Hardwood Flooring in Entry to Spacious Living Room!*Bright WHITE Kitchen features Custom Backsplash*Quartz Counter Tops* Full Stainless Steel Appliance Pkg*Wide Plank Tile Flooring*Pantry!*Formal Dining Room w/ Wood Laminate Flr and NEW Sliders to Deck!*Updated Half Bath off Kitchen w/ Pedestal Sink*4 Spacious Bedrooms-3 Offering Hardwood Flrs*Plenty of Closet Space!*Full Main Bath w/ Custom Vanity & Deco Tile Finishings*Part Finished Basement has Great Room Perfect for Entertaining & a Full Unfinished Side for Storage w/ Bilco Door Egress!*Most Newer Windows!*New HVAC*New Trim*Fully Fenced*EZ Access to Rt 9 Shopping & I-195 to GSP/Turnpike!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017