11679 US Highway 50
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 |
|---|---|---|---|
| Jan 19, 2026 | Listed by HomeSmart Preferred Realty | $1,650,000 | |
| Listed by HomeSmart Preferred Realty | |||
| Sep 23, 2025 | Price Decreased |
$1,499,000
↓ $200K
(11.8%) | |
| Price Decreased | |||
| Jun 1, 2025 | Listed | $1,699,000 | |
| Listed | |||
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A relaxing live water retreat just 15 miles from Salida, Colorado featuring 400 feet of private Arkansas River frontage. Immaculately maintained home on 9 acres featuring 1924 square feet of living space on one level including 3 bedrooms, 2 bathrooms, and an office. Spacious north facing deck with a pergola overlooks the river and provides summer shade. Large back yard with lush vegetation, a small coy pond, and privacy fencing. An oversized three car garage is steps away from the house. Easy river-level access for fishing, boat put in/take out, or lounging by the firepit and enjoying the privacy or your private river retreat. The level terrain affords plenty of room for horses, an arena, or additional outbuildings. Access to public BLM and National Forest land is less than a mile away and provides additional river access, hundreds of miles of trails and jeep roads, and thousands of acres of public land to hike, hunt, and explore. Wide open views in all directions including the Sangre de Cristo Mountains and more public land across the river. There is no home owner's association, covenants, or conservation easements on the property.
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| Jul 15, 2024 | Listed | $1,600,000 | |
| Listed | |||
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Rancher home right on the river! It is tough to find property with such prime access to the Arkansas River, but this one has almost 400 feet of riverfront right off the back deck! The home itself is a nicely updated three bed, two bath home with tile floors throughout. All of the living area is spacious and inviting. There is a wood stove in the living room with big windows to take it the western view, and new cabinets and appliances in the kitchen. Storage is plentiful with the three car detached garage. Outside, the yard around the home has been carefully landscaped with fencing for privacy and different features to enjoy. The side yard has a flagstone patio, a water pond, and a garden area. The back yard has an expansive deck with a pergola that overlooks an incredible view of the river and the hills of Howard. Across the river is a lot of private land and BLM. There isn't much risk of having a neighbor build right on the other side of the water. It lends to open views and peaceful living. Access to all of the public land is very close by! Kerr Gulch is only a few feet down the highway and offers miles of trails and mountain recreation. Howard is a quick 20 minutes to Salida and about 45 minutes to Canon City. There is a school bus that runs to the Salida schools and amenities are close by. This is a special property in a remarkable spot and we are excited to show you around!
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| Jul 2, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017