404 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 |
|---|---|---|---|
| Nov 2, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by RE/MAX Properties Of The Summit | $840,000 | |
| Listed by RE/MAX Properties Of The Summit | |||
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Amazing location in the popular new Two Rivers Neighborhood. This 3 bedroom 2 1/2 bath light bright SINGLE FAMILY HOME offers fantastic front yard views of Methodist mountain and shaded privacy all in one. Only 1 block away from the Arkansas River and the +/- 7 acres of HOA community open space, HOA maintained nature trail along the South Arkansas River, as well as the community gazebo at the confluence of the two rivers. Short stroll to the Two Rivers Commons commercial zone with up and coming drink/dining options. Sandwiched in between Salida's S MTN and Methodist Mountain trail systems for convenient trail access. Diverse neighborhood of unique new homes. Close to downtown Salida yet in a quiet location. The house is practically brand new and is move-in ready. Open concept with tasteful architecture to create separate but connected spaces. Light and bright with tall ceilings. Ample storage throughout- large closets. Modern kitchen with oversized granite island that looks out into the dining/living areas. Lovely engineered wood floors. Private back patio with mountain views. Irrigated, low maintenance native landscaping. GOOGLE AND APPLE MAPS ARE INCORRECT TO FIND HOME.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017