9 Salem 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Redfin Corp. | $599,999 | |
| Listed by Redfin Corp. | |||
| | |||
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Delightful and meticulously cared-for Cape-style home featuring numerous updates! The first floor boasts an open concept layout, highlighted by a sunlit kitchen along with modern stainless steel appliances, bright hardwood floors, recessed lighting and a brand-new full bath. Enjoy seamless access to a spacious deck, ideal for entertaining, and a dining area featuring a picturesque window overlooking the nicely landscaped backyard. The living room is spacious, spanning the width of the house, providing ample space for relaxation. Upstairs, you'll find three bedrooms and another full bath. The private, fenced backyard has a sprinkler system and offers a serene escape, while the property also includes a garage, a screened-in porch, and an additional deck. Showings start at the first open house.
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| Apr 15, 2016 | Sold | ||
| Sold | |||
| Feb 28, 2016 | Listed by Redfin Corp. | $259,900 | |
| Listed by Redfin Corp. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017