117 Crestone Mesa 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 |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Pinon Real Estate Group LLC | $779,000 | |
| Listed by Pinon Real Estate Group LLC | |||
| | |||
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117 Crestone Mesa Drive is a beautiful 3-bedroom, 2-bathroom home built in 2018, located in the highly popular Crestone Mesa subdivision. Enjoy the ease of one-level living paired with modern design and energy-efficient features like solar panels. Step inside to discover an open and inviting living space with oak hardwood floors, high ceilings, and an abundance of windows that flood the home with natural light and offer lovely mountain views. The living room flows seamlessly into the well-appointed kitchen, which features ample counter space, stainless steel appliances, and a convenient breakfast bar. The private primary suite is spacious, complete with a beautifully tiled en-suite bathroom, a two-sink vanity, and a walk-in shower. Two additional large guest bedrooms provide flexibility for family, guests, or a home office. You'll also appreciate the dedicated laundry room with extra storage to keep everything organized. Outside, the fully fenced backyard offers a generous patio perfect for outdoor entertaining, dining, or simply enjoying the Salida lifestyle. The front yard is landscaped and offers a covered front porch for morning coffee or just taking in the outdoors. The detached two-car garage and additional parking provide plenty of room for vehicles, recreational toys, and more. The Crestone Mesa subdivision is known for its community feel, featuring a large central park and easy access to a scenic walking/biking trail that leads to Franz Lake and downtown Salida's charming shops and restaurants. This home is super clean and tidy, in excellent condition, and ready for you to move in. Don't miss this awesome opportunity to own a beautiful home in one of Salida's most popular neighborhoods! Come take a look today!
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| Oct 26, 2018 | Sold | ||
| Sold | |||
| Nov 18, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017