1544 County Road 45
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Listed by Century 21 Community First | $3,850,000 | |
| Listed by Century 21 Community First | |||
| Dec 29, 2023 | No longer available | - | |
| No longer available | |||
| Jul 11, 2023 | Listed by First Colorado Land Office Inc | $3,850,000 | |
| Listed by First Colorado Land Office Inc | |||
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An 1870's restored barn on 1,000 feet of Arkansas River frontage. This unique real estate opportunity is a combined feature of architecture, luxury, & rustic mountain comfort. The gated property is a spacious 8.72 acres that drops you down to the home strategically built into the side of the hill. Traditional "banked barn" designs like this were classically 2 story structures utilized for efficient agriculture with entries on separate levels. Converting the historic lumber & frame into a high end residence worked perfectly with the layout of the lot & proximity to the river. When you walk into the front door, you immediately understand the craftsmanship & care that went into the original construction, then into the restoration onto this site. The beams & posts are beautifully aged dense oak, the entire floor is covered in wide plank Douglas Fir, & every inch is custom or salvaged. Most of the main living area is open with only a few posts for support. An impressive 33 foot tall stone fireplace is the star of the interior. There are large windows around the room & an entire wall of massive doors leading to the 600sqft cedar deck that overlooks the river. A bathroom on the main level has a walk in shower & double vanity. Another bath is located in the loft bedroom upstairs. It is a dreamy open concept space with a soaking claw foot tub & views of the surrounding mountains. Another private bedroom is downstairs by the attached oversized garage. Entertaining in this spot is easy. The kitchen includes GE Monogram appliances but is all low-profile to not disturb the atmosphere of the open room. This property is expandable into the adjacent 4.54 acres downstream. Offered at an additional $900,000, this parcel has beautiful access to a permitted boat ramp & hot springs that cascade into the river. An exceptional opportunity to own one of the finest homes in this part of Colorado away from crowds, but close to skiing, hiking, biking, dining & amenities. The manager has listed the unit size as 3200 square feet.
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| Oct 17, 2021 | Listed | $3,650,000 | |
| Listed | |||
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Rarely does an opportunity present itself to own a significant river front piece of land in an authentic Colorado mountain such as Salida. Even more rare is to find such a piece of land with the architectural heart featured at The Arkansas River Lodge.
For the first time ever offered to the market, Confluence Land Company is honored to present this perfect balance of luxury and sporting blended with convenience and twelve month appeal. Situated just minutes from downtown Salida, Colorado in the historic town of Wellsville, the ranch is situated at a comfortable 6,800 feet in altitude. Enjoy the ease of lower altitude living while being tucked in the midst of three mountain ranges and the monolithic giants therein.
The Arkansas River Lodge features it's own private boat ramp access to some of the mountain west's finest wade fishing along it's banks. A perfect blend of rifle and pocket water as well as deeper runs creates a diverse opportunity to enjoy a full day just steps outside the comfort of the lodge.
The Arkansas River Lodge is fully surveyed and platted and offered in two configurations: as 8.72 acres with the existing lodge listed for $3,850,000. Add a contiguous 4.54 acres for total of site size of 13.26 acres for a total of $4,750,000. Combined, a buyer could enjoy the existing lodge and take advantage of three other building sites to accommodate another large home and two other additional dwelling unit structures.
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| Apr 4, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017