9207 Salisbury Drive
About This Property
has great potential with fencing in front and back of the property for more privacy, a large carport on the right side of the house, a lovely front porch with areas to plant your favorite culinary herbs. The laundry room is inside. The back porch was enclosed and used as a 4th bedroom and would be great as a game room. It is currently tenant occupied on a month to month. Three bedrooms, one bath home sitting on a very large lot. The back porch has been converted and can be used as a 4th bedroom.
This home has a fence in the front, a nice front porch, a side car port on the Right side of the house.
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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 |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by ACT Realty | $107,500 | |
| Listed by ACT Realty | |||
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 861144
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017