739 E 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%.
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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.
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by First Colorado Land Office, Inc. | $675,000 | |
| Listed by First Colorado Land Office, Inc. | |||
| | |||
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Preserved in time, historic home. This sweet house is still in it's "simple swing on the front porch" era. Originally built in 1911, you can see the care that was put into the craftsmanship. The exterior is beautiful four-sided brick with a slate roof. The covered front porch is in great condition with solid wood floor and sturdy columns. Inside has been impeccably cared for. The living room has over 300 sqft of hardwood floors that also carry into the two bedrooms. The stately trim around the windows and door frames, the baseboards, and the solid wood doors are a classic finish that will look great with any modernized updates on this home. Wallpaper lines the walls of the bedrooms as if it was installed weeks ago. As was fairly standard for the time this house was built, there is only one bath off the kitchen. There is storage available where there is any room to put it. Vintage appliances are left in the kitchen. It is a spacious room with really simple and efficient cabinets and counterspace. There is a laundry room and a small butler's pantry off the back of the house. Classic to these homes, you will find the cellar access in the back beside the concrete steps down to the sidewalk. It's all very clean and ready for you to give it a facelift or leave it as is for years to come. The yard is big enough to add an ADU or detached garage. An existing single door detached garage is by the alley, which is currently great for extra storage or shop space. This property is located at E St and 8th, only a few blocks from downtown Salida. Easily walk or ride a bike to the shops and restaurant the city has to offer. Of course, Salida is surrounded by mountain recreation including the Arkansas River that cuts through the heart of the city. It is a wonderful place to call home!
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| Nov 10, 2024 | Relisted | $675,000 | |
| Relisted | |||
| Oct 11, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017