7221 County Road 111A
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 11, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2023 | Listed by Century 21 Community First | $1,225,000 | |
| Listed by Century 21 Community First | |||
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This beautiful home is a true gem of a property, located in an exceptional setting and has been well cared for by the original owner. From the front of the home you will enjoy the outstanding views of Mount Shavano and the surrounding mountain peaks to the west where you'll welcome every spectacular sunset. The living room is warm and inviting and features vaulted ceilings which make the home feel spacious and comfortable. The kitchen is just off the dining area and has wood flooring and granite countertops. The primary bedroom suite is large and inviting and features a gas fireplace. The primary bathroom is sizable with double sinks, walk-in shower and a separate bathtub. There are two large walk-in closets adjacent to the primary bathroom. The two additional bedrooms are located on the other side of the living room, separated from the primary bedroom. Off the main living room is a bonus room/den that has endless possibilities for use. The two-car attached garage has plenty of storage and also features a small workshop area. A new roof was just installed in 2022 and the sellers have the exterior repainted regularly to ensure quality and longevity of the exterior product. The hot water base board furnace was also replaced two years ago. The entire driveway is paved asphalt and has a circular area for convenient access to the front door. The back deck is very private and feels secluded from the rest of the world where hummingbirds love to visit. The south side of the house has raised beds for a garden and the north side is landscaped with wildflowers and natural rocks. There is a sprinkler system for the majority of the landscaping which is tastefully done, and the well is augmented. The property is five minutes from downtown Salida, has no covenants or restrictions and feels like country living at its best.
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| Mar 15, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017