17105 County Road 220
About This Property
The property includes an enclosed garage and a separate mother-in-law apartment, providing excellent flexibility for guests, extended family, a home office, or additional living space.
Outside, you'll find several useful outbuildings, including two large storage sheds and a barn, along with raised garden beds ready for gardening and outdoor projects. Enjoy beautiful mountain views and plenty of space to enjoy the peaceful surroundings.
The home sits on its own approximately 0.8-acre parcel, while the remaining acreage is a separate parcel located behind the home that may offer potential for future development. This unique configuration provides both privacy and opportunity.
Ideally located just 10-15 minutes from Salida, this property offers easy access to town while placing you close to Monarch Mountain Ski Area, hiking trails, fishing, biking, and the many outdoor recreational opportunities of the Upper Arkansas Valley.
With mountain views, multiple outbuildings, additional living space, usable acreage, and potential for future development, this property offers a wonderful opportunity to enjoy the best of Colorado mountain living.
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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 |
$699,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed | $729,000 | |
| Listed | |||
| Mar 1, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017