131 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%.
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Pinon Real Estate Group LLC | $610,000 | |
| Listed by Pinon Real Estate Group LLC | |||
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This home is 100% electric! This means there are no expensive gas bills. And because the home has solar power the electric bills average $6/month. This cute Cape Cod style home has 3 bedrooms, 2 1/2 baths is situated in the Crestone Mesa Subdivision. Located near the Salida Golf Course and has beautiful and big mountain views of the Fourteeners and is only a short walk or bike ride to downtown Salida. Start your day with a cup of coffee on this perfect cozy front porch. Large fenced backyard leads to an oversized one car garage and additional parking off the alley. This home has a thoughtful floor plan. Enter on the main level to the living, dining, kitchen and 1/2 bathroom. Upstairs, 2 bedrooms with vaulted ceilings and a full bath. The primary bedroom, bathroom and laundry in the basement. New radon system installed. Home has a water softener and house filter. In addition there is a reverse osmosis water filter at the kitchen sink. Seller tries to use only non-toxic cleaning products in the home. The home faces west towards the Collegiate Peaks. At the center of the neighborhood is a City maintained park which includes a community garden, gazebo for gatherings, and grass and play equipment. Located just a short walk or bike ride to downtown Salida to restaurants and shopping. Easy access to Frantz Lake, the Arkansas River and to nearby trails.
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| Jul 14, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017