622 Vine St
About This Property
The 1,350-square-foot, all-main-level floor plan features 3 bedrooms and 2 bathrooms with a spacious open-concept living, dining, & kitchen area. The kitchen is designed for everyday living and entertaining, featuring a large island, pantry, and brand-new stainless GE appliances, including dishwasher, electric range, range hood & disposal. The spacious primary suite offers a luxury bathroom with double vanity and walk-in closet, while a dedicated laundry room, double-pane windows & carpet & luxury vinyl plank flooring add comfort and convenience. Efficient heating and cooling are provided by a new heat pump system.
Outside, enjoy a new cedar-fenced yard, Trex porches, concrete & paver walkways, 2 large off-street parking spaces, and a new 6' x 12' Tuff Shed for storage. Thoughtfully designed low-water landscaping includes a 3-zone sprinkler system, newly planted maple & aspen trees, low-water plants & shrubs, sod lawn in back, French drain, river rock drainage.
This is a rare opportunity to own an affordable brand-new, move-in-ready home in Salida with low maintenance and high income potential Call today for a look!
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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 |
|---|---|---|---|
| Sep 5, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 4, 2026 | Listed | $575,000 | |
| Listed | |||
| May 24, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by HomeSmart | $139,900 | |
| Listed by HomeSmart | |||
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Don't miss this rare opportunity to purchase a parcel with electricity, sewer, and water ready to go! Mobile home currently located on the lot. Very convenient location makes this lot desirable for development, rental, ADU placement, or other possibilities. Adjacent lot may be available for sale, which may allow for a much larger development potential. Don't miss your opportunity on this one! Mobile home will require renovation and repair in order to be habitable. Sold as-is.
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| Feb 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017