302 Southside Loop
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Pinon Real Estate Group LLC | $325,000 | |
| Listed by Pinon Real Estate Group LLC | |||
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Greenbelt/River View Single Family Home Lot in Two Rivers. Located in Two Rivers Southside, this 7,500 sf single family home lot sits along +/- 6 acres of green space that stretches along the South Arkansas River. The green space incorporates a popular pedestrian and bicycle trail that allows for South Arkansas River access and connects the Two Rivers neighborhoods as it spans from The Commons to the Arkansas River proper. The Two Rivers neighborhoods are located just 1 mile from Historic Downtown on the east side of Salida at the confluence of the South Arkansas and Arkansas Rivers. Two Rivers is an architecturally interesting, walkable neighborhood designed to engender community and incorporate enjoyment of the natural environment, mountain views and waterfront.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017