313 Two Rivers Rd
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 |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed | $399,000 | |
| Listed | |||
| Jul 13, 2026 | No longer available | - | |
| No longer available | |||
| Mar 12, 2026 | Listed | $399,000 | |
| Listed | |||
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Riverfront Property in Two Rivers. Build your dream home on the 8,120 sf lot that extends to the middle of the South Arkansas River. This lot allows for the construction of a single family home, garage and Accessory Dwelling Unit (ADU): this is a single family home lot, with single family home lots on either side. The land immediately across the river is part of +/-7 acres of dedicated trails and open space, which enhances your private enjoyment of the riverfront. This is a unique opportunity to live on the river in one of the most desirable communities in Salida. Two Rivers is a walkable community that encompasses a considered mix of residential and mixed used neighborhoods and is located at the confluence of the Arkansas and S. Arkansas Rivers. Ideally located on the river, one mile from Historic Downtown Salida, and adjacent to The Commons, where you can find everything from baked goods to professional services, coffee to cocktails within walking distance. Plat, design guidelines and covenants are attached to this listing. Reach out to learn more about building in one of the most coveted locations in Salida.
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| Sep 28, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017