602 Vine St
About This Property
The eat in kitchen provides plenty of space for everyday meals and gathering with family and friends. The primary bedroom is positioned separately from the additional bedrooms, creating a functional layout that works well for a variety of living situations. A dedicated laundry area and multiple storage sheds add everyday convenience.
Situated on a corner lot, the property offers added elbow room along with off street parking and convenient alley access, providing flexibility for parking, storage, or future improvements. The fully fenced yard, mature trees, and generous outdoor space create room for pets, gardening, or simply enjoying the outdoors.
Recent updates include a newer furnace and a remodeled bathroom, providing added value and peace of mind.
Located within Salida city limits, you'll enjoy convenient access to downtown, schools, parks, and the Arkansas River. With a new price of $299,900, this is an outstanding opportunity to own property in one of Colorado's most sought after mountain communities.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 13, 2026 | Price Decreased |
$299,900
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jun 1, 2026 | Price Decreased |
$325,000
↓ $24K
(6.9%) | |
| Price Decreased | |||
| Apr 11, 2026 | Listed | $349,000 | |
| Listed | |||
| Oct 26, 2025 | No longer available | - | |
| No longer available | |||
| Jul 2, 2025 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017