48
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10510 US Highway 50
About This Property
On the market for the first time since the late '80s, this home offers a unique blend of nostalgia and opportunity. The property also features a large, detached RV garage with abundant space for storage or hobbies. Perfectly situated, you're just minutes away from the conveniences of a local grocery market, a lively pub, and the vibrant culture of downtown Salida, which is just a five-minute drive away. For outdoor enthusiasts, it's only 15 minutes to the nearest ski resort, placing you at the crossroads of everything this stunning area has to offer.
Don't miss your chance to own a piece of history in an unbeatable location.
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by HomeSmart Preferred Realty | $640,000 | |
| Listed by HomeSmart Preferred Realty | |||
| | |||
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Step back in time with this charming mid-century gem, perched on a secluded bluff, offering sweeping views and timeless appeal. Built in the 1960s, this 3-bedroom, 2-bathroom home has been lovingly preserved to maintain its original vintage character and fixtures, making it a rare find for those who appreciate classic design. Spacious living areas invite relaxation, with a cozy wood-burning fireplace in the family room, perfect for chilly evenings.
On the market for the first time since the late '80s, this home offers a unique blend of nostalgia and opportunity. The property also features a large, detached RV garage with abundant space for storage or hobbies. Perfectly situated, you're just minutes away from the conveniences of a local grocery market, a lively pub, and the vibrant culture of downtown Salida, which is just a five-minute drive away. For outdoor enthusiasts, it's only 15 minutes to the nearest ski resort, placing you at the crossroads of everything this stunning area has to offer.
Don't miss your chance to own a piece of history in an unbeatable location.
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| Jul 14, 1988 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017