9 Pershing 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 18, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by RE/MAX 360 | $665,000 | |
| Listed by RE/MAX 360 | |||
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Welcome Home to 9 Pershing Road, Salem. This beautiful 3 bedroom 1.5 bath 1498 SqFt Colonial Home is located in the desirable Pickman Neighborhood of Salem on a 7,405 SqFt corner lot. Through the front door, you step into a welcoming foyer, leading you to your living room w/ a beautiful brick fireplace. The room flows nicely into the dining room that features a custom corner built in. Under the carpet in these rooms along w/ foyer & stairs are hardwood flooring. Off the kitchen is a 1/2 bath & heated bonus sitting room w/ exterior access to the front driveway & the rear fenced in yard. Upstairs you will find 3 generous sized bedrooms w/ good closet space & a nicely updated bath w/ a walk in shower. 4 car parking, 1 car garage, Maintenance Free Exterior, fenced in yard, New high end Utica heating system, 2021 hot water tank. Basement is large, clean & ready for ideas. Full walk out to the rear yard. Washer/Dryer & appliances to stay as a gift. Close to Marblehead, Swampscott & more.
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| Jan 1, 1972 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017