228 W 4th St
About This Property
Upstairs has 3 more bedrooms and 2 bathrooms including a primary bedroom with vaulted ceilings, balcony with mountain views, walk in closet with built in shelving and en-suite bathroom with linen closet and custom tile shower with glass doorCovered front porch, balcony off of master bedroom and large back deck with great "S" Mountain views. Private fenced yard and detached 1 car garage.
Exterior features private fenced backyard and detached one car garage and fully landscaped front yard.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Colorado Mountain Realty | $879,000 | |
| Listed by Colorado Mountain Realty | |||
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Brand new townhome in downtown Salida! Perfect location on a quiet street just 4 blocks from the Arkansas river. Easy walking distance to all that downtownSalida has to offer. Main level features a bedroom and 3/4 bathroom plus a bright kitchen and dining area that opens to a large deck in the back yard. Kitchen features beautiful quartz countertops, a large island with pendant lights, pantry with built in shelving, stainless Bosch appliances, soft close cabinets and tile backsplash along with high ceilings, recessed lights and a large living / dining area.
Upstairs has 3 more bedrooms and 2 bathrooms including a primary bedroom with vaulted ceilings, balcony with mountain views, walk in closet with built in shelving and en-suite bathroom with linen closet and custom tile shower with glass doorCovered front porch, balcony off of master bedroom and large back deck with great "S" Mountain views. Private fenced yard and detached 1 car garage.
Exterior features private fenced backyard and detached one car garage and fully landscaped front yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017