6003 Archery Cir
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 |
|---|---|---|---|
| Jun 19, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by Pinon Real Estate Group LLC | $425,000 | |
| Listed by Pinon Real Estate Group LLC | |||
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Just 5 minutes from downtown Salida sits a marvelously secluded homesite with views to rival any in the county. Bordering BLM land (and National Forest beyond that), this parcel offers jaw-dropping views of Mount Princeton, Tenderfoot Mountain and the Arkansas Hills, the entire Sawatch Range along the Continental Divide, and the Arkansas River Valley as it stretches north to Buffalo Peaks. Hike or ride your mountain bike off the back of the property to the Little Rainbow Trail and the Methodist Mountain trail network. Choose from two building sites - one close to the maintained private road and a second, larger one nestled high in the trees overlooking the lush green valley and dramatic mountain ranges surrounding Salida. The Sellers have brought underground power to the larger building site and improved the driveway; all you need to do is bring your plans and start building your dream home! An augmentation certificate from the Upper Arkansas Water Conservation District allows for watering of up to 1400 sf of lawn and garden, and the covenants allow for a guest house, workshop or studio as well. HOA maintains two cisterns for fire protection within the subdivision. Annual fee of $700 covers road maintenance, improvement and snow removal. Sellers have applied for a new well permit and will transfer it to the Buyers at Closing. This is a rare opportunity to own acreage on Methodist Mountain with a large, level building site - don't let it get away!
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| May 31, 2022 | Sold | ||
| Sold | |||
| Aug 7, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017