94 Salem Street
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 |
|---|---|---|---|
| Jun 5, 2018 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by Leading Edge Real Estate | $780,000 | |
| Listed by Leading Edge Real Estate | |||
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Situated atop a gently sloping hill and set back from the roadway with the driveway entry on a side street, this charming Federal Colonial (“Amos Parker House” c. 1780) overlooks a corner half-acre lot with mature trees that gives a sense of stateliness that befits the home's antiquity. Its proximity to downtown shopping, restaurants, highways, commuter rail, and parks also makes this home’s location convenient. Step inside and you will find well-preserved details you would expect to find in an antique home. First floor rooms offer period features including wide pine floors, exquisite woodwork, Rumford-style fireplaces, bake ovens and interior pocket shutters. The second and third floors feature a total of five bedrooms (one a suite), two full baths and additional rooms for recreation or storage. This home must be viewed and explored in person to be fully appreciated.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017