23 CAPITOL Street
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 |
|---|---|---|---|
| Jun 20, 2025 | Price Decreased |
$565,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$599,999
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Apr 11, 2025 | Listed | $610,000 | |
| Listed | |||
| | |||
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NEW PRICE! This charming 3-bedroom, 1-bath home located in the heart of Salinas. This cozy residence offers a comfortable 770 sq ft of living space with updated features. The kitchen boasts granite countertops, an exhaust fan, and a gas oven range, perfect for preparing family meals. Laminate flooring throughout adds a touch of modernity, while the wall furnace provides warmth during cooler months. The property is equipped with double pane windows, enhancing energy efficiency. A notable feature is the updated bathroom, designed with contemporary fixtures. Although there is no garage space, there is one off street parking spot. This delightful property offers a welcoming environment and is ready for new owners to make it their own.
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| Jun 15, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017