128 Pine Edge Dr
About This Property
Inside, an open floor plan creates an easy flow for everyday living and entertaining, while generous spaces provide plenty of room to spread out. The additional separate dwelling unit consisting of a 2-bedroom, 1 bathroom living space offers flexibility for guests, extended family, In-law quarters, a home office or other uses to suit your lifestyle.
Outside is where this property really shines. Mature landscaping surrounds an incredible green-grass backyard that has become a favorite annual gathering place for tremendous numbers of hummingbirds. With 3.54 acres, there is space for livestock, horses and all the toys that come with mountain living. An RV hookup and dump station make it easy to accommodate visiting friends, family or your own recreational vehicles.
And then there are the views! Wide-open, unforgettable Colorado scenery in nearly every direction. Enjoy the peaceful surroundings of Coaldale while remaining within easy reach of some of the Arkansas Valley's best recreation. Gold Medal fly fishing, world-class single-track mountain biking and hiking, and skiing at Monarch Mountain are all nearby. Downtown Salida is approximately 25 minutes away for restaurants, shopping, galleries and time along the Arkansas River.
Whether you're looking for a full-time residence, a mountain retreat, room for your horses, or a property with flexible living options, this lovingly maintained Coaldale home offers space, scenery and a lifestyle that's increasingly hard to find.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$787,000
↓ $31K
(3.8%) | |
| Price Decreased | |||
| Sep 15, 2026 | Listed | $818,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017