1638 County Road 46
About This Property
A wooden fence and tree-lined drive welcomes you into a setting that feels more like a private park than a typical home site. This charming home features a red metal roof, cedar siding, and a classic covered front porch that feels like it belongs on a postcard. Inside, you'll find 3 bedrooms, 2 bathrooms, and a large bonus room upstairs with an abundance of storage space, that could easily serve as a fourth bedroom, office, or creative studio. The home has been lovingly maintained with newer windows, updated appliances, and thoughtful touches throughout. Out back, a covered deck lets you relax to the sound of Stout Creek, which runs through the property year-round. A natural spring fills a little seasonal collection pond, adding to the peaceful setting.
The 1.5-acre lot is surrounded by larger parcels in a quiet ranching community, offering rare privacy without isolation. The detached two-car garage offers plenty of space for vehicles, tools, or outdoor gear and gives you the flexibility to create a workshop or hobby space, and the property is served by a private well and septic. There are no covenants or HOA restrictions here. Just space, trees, and fresh mountain air.
Located in the close-knit community of Howard, Colorado, where quiet roads, wide skies, and mountain backdrops define daily life, this property offers a peaceful escape just 20 minutes from the restaurants, shops, and energy of downtown Salida.
If you're craving land, water, and quiet with town still in reach, this is your place to land.
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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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Increased |
$650,000
↑ $51K
(8.5%) | |
| Price Increased | |||
| May 22, 2025 | Listed | $599,000 | |
| Listed | |||
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Creekside Haven with Space to Roam, Breathe, and Settle In
A wooden fence and tree-lined drive welcomes you into a setting that feels more like a private park than a typical home site. This charming home features a red metal roof, cedar siding, and a classic covered front porch that feels like it belongs on a postcard. Inside, you'll find 3 bedrooms, 2 bathrooms, and a large bonus room upstairs with an abundance of storage space, that could easily serve as a fourth bedroom, office, or creative studio. The home has been lovingly maintained with newer windows, updated appliances, and thoughtful touches throughout. Out back, a covered deck lets you relax to the sound of Stout Creek, which runs through the property year-round. A natural spring fills a little seasonal collection pond, adding to the peaceful setting.
The 1.5-acre lot is surrounded by larger parcels in a quiet ranching community, offering rare privacy without isolation. The detached two-car garage offers plenty of space for vehicles, tools, or outdoor gear and gives you the flexibility to create a workshop or hobby space, and the property is served by a private well and septic. There are no covenants or HOA restrictions here. Just space, trees, and fresh mountain air.
Located in the close-knit community of Howard, Colorado, where quiet roads, wide skies, and mountain backdrops define daily life, this property offers a peaceful escape just 20 minutes from the restaurants, shops, and energy of downtown Salida.
If you're craving land, water, and quiet with town still in reach, this is your place to land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017