Help assessing a deal with the 1% rule

[Michael Andrews]

I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental income threshold of $250,000, so I'm wondering if there is anything redeeming about a property like this I could look at to even come close to validating that asking price?