940 E St
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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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Decreased |
$742,000
↓ $33K
(4.3%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed | $774,900 | |
| Listed | |||
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Well-maintained Home in Established Walkable Salida. 1.5 Story, 2 bedroom/2bath on a large lot with fenced yard, oversize garage, and additional alley access off-street parking. Ideally located in Salida's established walkable neighborhood, this well-kept home offers main floor living with the flexibility of an additional bedroom and ensuite bath on the second floor. Bedroom, 5-piece bath and laundry are all ground level. Enjoy vaulted ceilings in the living area while you cozy up to the brick hearth and free standing gas stove. Living/Dining area opens to a kitchen with ample counter space and eat-in island. Upstairs, you'll find an additional bedroom, ensuite bath with dual vanity and walk-in shower, good storage and a perfect private balcony that faces west and overlooks the backyard. East-facing sun room entry with a coat closet and laundry/mud room area by the back door make for easy living. Backyard is completely fenced and is home to a number of different patios and seating areas, including a covered patio off the garage that is perfect for entertaining. 720 sf garage has a built out office (not heated) and there is additional off-street, alley access, recreation vehicle or trailer parking adjacent to the garage. Exterior of the home is good condition, including the metal roof. Yard is beautifully landscaped and front/back sprinkler, plus additional drip system, make it easy to maintain. Everything you need to enjoy the mountains Salida Style!
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| Aug 5, 2025 | Listed by Full Circle Real Estate Group | $860,000 | |
| Listed by Full Circle Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017