508 Old Stage 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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 28, 2026 | Price Decreased |
$339,000
↓ $20K
(5.6%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed | $359,000 | |
| Listed | |||
| Aug 20, 2025 | Price Decreased |
$368,000
↓ $31K
(7.8%) | |
| Price Decreased | |||
| May 12, 2025 | Listed | $399,000 | |
| Listed | |||
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Salida Big River Views. Located in the popular Two Rivers Neighborhood, this generously sized lot sits across the from the Arkansas River and offers an easy building site with big river views. This .22 acre single family home lot, surrounded by other single family home lots, offers a level building site and ample space for a single family home + optional ADU. The lot is designed so that you can build your home on the front of the lot, close to the river, and enjoy the views. Two Rivers is a popular subdivision on the east side of Salida and located at the confluence of the Arkansas and South Arkansas River. Two Rivers incorporates a park at the confluence, plus approximately 7 acres of open space and walking trail along the S. Arkansas River. Two Rivers Commons is an adjacent, walkable, mixed-use neighborhood and home to a number of local businesses designed to serve this area: professional offices, local gym, aesthetic services, optometrist and eye boutique, bakery, restaurant, and a wine bar. Short-term Rental/Income opportunity available in accordance with current City of Salida regulations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017