612 W 3rd 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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 6, 2023 | Listed | $475,000 | |
| Listed | |||
| Sep 29, 2022 | No longer available | - | |
| No longer available | |||
| Aug 13, 2022 | Listed by Colorado Summit Realty LLC | $499,000 | |
| Listed by Colorado Summit Realty LLC | |||
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This two-bedroom cottage is situated on a large lot within blocks of everything historic downtown Salida has to offer! Walk/bike to the shops, breweries, restaurants and the Arkansas River! Home has been used as a successful long-term rental in the past. Large lot does have development potential. Buyers to contact the City of Salida to verify possible options. The manager has listed the unit size as 870 square feet.
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| May 16, 2022 | Listed | $499,000 | |
| Listed | |||
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This two-bedroom cottage is situated on a large lot within blocks of everything historic downtown Salida has to offer! Walk/bike to the shops, breweries, restaurants and the Arkansas River! Home has been used as a successful long-term rental in the past. Large lot does have development potential. Buyers to contact the City of Salida to verify possible options.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017