17198 Willow Tree Dr
About This Property
This is your chance to own a build-ready 0.53-acre lot in the peaceful and scenic Maysville Meadows community. Set just above the South Arkansas River, the property offers the calming sound of flowing water and stunning views of the Sawatch Range. It's an ideal setting for your custom home or mountain retreat.
Located only 11 miles from downtown Salida and minutes from Monarch Ski Resort, you'll have quick access to skiing, hiking, biking, rafting, and Gold Medal fly-fishing. Whether you're planning a full-time residence or a getaway escape, this location offers the best of both convenience and mountain living.
The lot is south-facing, gently sloped, and partially treed, well and septic required. Light HOA and covenants help maintain the area's character and value, while still allowing flexibility to design your perfect mountain home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| May 24, 2025 | Price Decreased |
$114,000
↓ $43K
(27.3%) | |
| Price Decreased | |||
| Feb 10, 2025 | Listed by Century 21 Community First | $156,800 | |
| Listed by Century 21 Community First | |||
| Nov 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017