148 Old Stage Rd
About This Property
Strong investment potential as Salida continues to grow, with high visibility and accessibility supporting long term value.
Located within Two Rivers Commons, just one mile from Historic Downtown Salida, this property is part of a thoughtfully designed mixed use village where people live, work, dine, and connect.
Adjacent to the Two Rivers trail system with direct access to walking and biking paths along the South Arkansas River, also known locally as the Little Ark, offering immediate proximity to water, open space, and a connected trail network
Plans are already in place for two 2BD 1BA units with lofts and a first floor office and will be available to the buyer upon an active contract.
Situated at the front door of Salida, this is a prime opportunity to establish a presence in one of the area's most visible and dynamic locations.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Price Decreased |
$125,000
↓ $40K
(24.2%) | |
| Price Decreased | |||
| Apr 3, 2026 | Listed | $165,000 | |
| Listed | |||
| Apr 23, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017