109 River West Dr
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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Pinon Real Estate Group LLC | $525,000 | |
| Listed by Pinon Real Estate Group LLC | |||
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Riverfront living in Salida! This quarter acre lot is one of only five riverfront lots in the coveted neighborhood River West -just west of downtown. Enjoy the convenience of living in town and the serenity and beauty of the river. Located on the Salida trail system. Hop on the trail and walk or ride to Sands Lake and Franz Lake or head east to all that downtown has to offer.
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| Apr 19, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by First Colorado Land Office, Inc. | $459,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Beautiful Arkansas River frontage on the north side of Salida. This is your opportunity to own Arkansas River frontage and to build that home you have been dreaming about. Watch and listen to the flow of the river from your future home with views of the Collegiate Peaks Mountain range in the distance. This property borders 13+ acres of State of Colorado Division of Wildlife property with access to the trail system and minutes to downtown. The location is on a paved road to the end of the private cul-de-sac with public utilities to the lot line . There are very few lots with frontage to the center line of the Arkansas river. The topography of the lot is conducive to a walk out basement floor plan. River frontage , on the trail system, boarders public land and ready to build. One of kind! Act quickly.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017