730 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 22, 2022 | No longer available | - | |
| No longer available | |||
| Jul 6, 2022 | Price Decreased |
$359,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Jun 21, 2022 | Listed by First Colorado Land Office Inc | $365,000 | |
| Listed by First Colorado Land Office Inc | |||
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Development Opportunity near downtown Salida. This location is perfect! The much sought after "ride your bike to the grocery store" Salida property. These two city lots zoned R2 are ready for development. The electric meter is already installed at the alley. City water and sewer taps are available but are not included. Build a dream home or use these lots as a perfect opportunity to develop for an investment. Very few vacant lots left in the city and this is a great chance to own two!
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| May 20, 2022 | No longer available | - | |
| No longer available | |||
| Dec 3, 2021 | Listed by First Colorado Land Office, Inc. | $365,000 | |
| Listed by First Colorado Land Office, Inc. | |||
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Two vacant city lots ready for development. This location is perfect! The quintessential "ride your bike to the grocery store" Salida property. The electric meter is already installed at the alley. City water and sewer taps are available but are not included. Build a dream home or use these lots as a perfect opportunity to develop for an investment. Very few vacant lots left in the city and this is a great chance to own two! **The address will need to be updated. The adjacent home on lots 18 & 19 has recently sold and uses the same address.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017