9 Valley Street
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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 |
|---|---|---|---|
| Aug 15, 2007 | Sold | ||
| Sold | |||
| Apr 26, 2007 | Listed by Abregu Realty | $350,000 | |
| Listed by Abregu Realty | |||
| Dec 16, 2005 | Sold | ||
| Sold | |||
| Oct 18, 2005 | Listed | $359,000 | |
| Listed | |||
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Contractors or Handyman's Special. Large Colonial in a lovely area of Salem. Currently set up with an in-law on the 2nd floor it has 10 rooms, 5 bedrooms, 2 full baths & nice hardwood floors throughout. It sits on a 1/3 acre level lot with fruit trees and plenty of parking. Needs a lot of work, but could be a gem. Sold as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017