536 I St
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 25, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Pinon Real Estate Group LLC | $895,000 | |
| Listed by Pinon Real Estate Group LLC | |||
| | |||
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Opportunities abound with this large, 5 bedroom home on a quiet street in the heart of downtown Salida. Conveniently located within walking distance of the historic district, the home is divided into two fully independent living areas with an interior staircase and locking door between and a separate outside entrance for each. Both levels feature a large living area, kitchen and dining, separate laundry rooms multiple bedrooms and bathrooms and two large decks each. Upstairs is the main living area with two big bedrooms, each connected to a bathroom, and a large kitchen featuring copious amounts of storage, counter space and open shelving. Sliding doors open out from the living area onto a huge deck with a great view of Tenderfoot Mountain. The primary suite has its own large deck attached which is the perfect place to soak up some morning sunshine. A laundry closet with stackable full size washer and dryer and a large dining area complete the living area upstairs; vaulted ceilings make this space feel bright and spacious. On the lower level, another kitchen, three large bedrooms with bamboo flooring, two bathrooms and a mud and laundry room ensure that both levels have everything they need for full time living. An enclosed, fully fenced yard and covered lower level deck could be your private oasis with a little love and creativity. The garage is a great place to store a car, raft, bikes, and more. Hardie board siding, hot water baseboard heat, a metal roof and thick walls make this home sturdy, efficient and well insulated - cool in summer, cozy in the winter, and low maintenance too. Walk to groceries, shopping, art galleries or the Arkansas River on the Monarch Spur bike trail which is just half a block away, or ride the paved trail out to the beautiful open pastures and views just a few blocks to the west. At just over $300 a square foot, this is a fantastic opportunity to have a large home base in the middle of town - invite all your friends!
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| Nov 2, 2015 | Sold | ||
| Sold | |||
| Jul 31, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017