924 Salem Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by Coldwell Banker Residential Brokerage - Andover | $330,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Mar 25, 2011 | Sold | ||
| Sold | |||
| Jan 3, 2011 | Listed by Advisors Living - Andover | $299,900 | |
| Listed by Advisors Living - Andover | |||
| | |||
|
Exciting opportunity available in sought after "East-Dracut"! Original owners now offering this traditional Hip-Roof Colonial situated on a well landscaped lot. This property truly says "welcome-home" with amenities including a spacious kitchen, formal dining room, 1st floor laundry, beautiful hardwood floors, front to back master-bedroom plus more. And don't forget about the large deck...it's nearly 300 square feet of outdoor enjoyment. QUICK CLOSING POSSIBLE!
| |||
| Jun 15, 2010 | Listed by Coldwell Banker Residential Brokerage - Andover | $299,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017