120 Chase St
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 3, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by RE/MAX Properties Of The Summit | $840,000 | |
| Listed by RE/MAX Properties Of The Summit | |||
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Brand new 3 bedroom, 3 bath mountain modern single family home minutes from downtown, features an open, bright floor plan. Thoughtful architecture makes excellent use of space. Large windows and glass doors highlight mountain views from both the front and rear of the home. Beautiful engineered hickory wood floors, electric fireplace, large kitchen island, quartz countertops, and generous closet storage space throughout. High performance home with all electric mini split heat/AC pump is efficient for low utility costs. Primary master suite on main floor with large walk-in closet.Primary bath has in-floor radiant heat. Private, fully fenced backyard with mountain views to the west. Detached, insulated 2 car garage with additional RV/trailer parking spot adjacent. Xeriscaped and irrigated front yard. Neighborhood is a short walk to the South Arkansas and Arkansas River as well as to the Two River Commons Commercial area. Only a quick ride into downtown Salida. Sandwiched between the S Mountain and Methodist Mountain trail systems for ease of outdoor access. 1-year builder warranty included. Built with care and attention to detail by a reputable, local builder.
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| Jan 31, 2024 | Sold | ||
| Sold | |||
| Feb 25, 2023 | Listed by Harder Real Estate and Development, LLC | $155,000 | |
| Listed by Harder Real Estate and Development, LLC | |||
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There are NO Inclusionary Housing fees assessed to these single family residence lots. This will save the builder $21+ per square foot currently. You will have a roughly $70,000 cost advantage over any other builder/seller before you turn over a shovel of dirt.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017