$715,000
●
House -
Off Market
22 Hillside Dr #A1ANDA2
Salida, CO 81201
3 Beds
1 Bath
2,084 Ft²
$3,771
Est. Monthly
$100
HOA / Fees
3.62%
Cap Rate
About This Property
Boho cool condo home with separate ADU across the river from
downtown! At the base of 'S' Mountain and close to mountain trails,
the Arkansas River, and all that downtown has to offer! Main home
features creative and stylish design and decor. Two bedrooms plus
bonus room, cozy living room with wood burning fireplace. Outdoors
is a south-facing deck and side covered porch for BBQ and outdoor
dining. ADU was completed remodeled in 2021 and features a
light-filled great room with wood burning stove, kitchen, one
bedroom, 3/4 bathroom, and laundry closet. Also features a front
patio and storage. Most furnishings are negotiable!
Unit Size
2,084 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$348
Property Type
House
Property Taxes
$111
HOA Dues
$100
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (REcolorado MLS #1863020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Pinon Real Estate Group LLC | $725,000 | |
| Listed by Pinon Real Estate Group LLC | |||
Property Highlights
Garage
Parking Details
Has Garage
Garage Spaces: 4
Interior Details
Full Bathrooms: 1
Appliances: Refrigerator, Washer, Dryer
Laundry Features: Main Level
Exterior Details
Square Footage: 2084
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1909
Building Area Total: 2084
Levels: One
Window Features: Double Pane Windows
Construction Materials: Stucco, Concrete, Wood/Frame
Patio and Porch Features: Patio, Deck
Lot Size Area: 2614
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Water Source: Well, Other
Financial Details
Tax Annual Amount: $1,331
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Forced Air, Heat Pump, Wood Stove
Sewer : Other, Community
Location Details
HOA/Condo/Coop Fee Includes: Trash
HOA Fee: $100
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/19/2025
|
3 Bed
|
1 Bath
|
1556 ft²
|
$747,000
3 Bed
1 Bath
1556 ft²
|
$730,000
-2.28%
12/09/2025
|
Ashley Stensland
Compass - Denver
| |
|
12/05/2024
|
3 Bed
|
3 Bath
|
1088 ft²
|
$645,000
3 Bed
3 Bath
1088 ft²
|
$655,000
+1.55%
01/16/2025
|
Hayden Mellsop
Pinon Real Estate Group LLC
| |
|
12/05/2024
|
3 Bed
|
1 Bath
|
2084 ft²
|
$725,000
3 Bed
1 Bath
2084 ft²
|
$715,000
-1.38%
04/21/2025
|
Hayden Mellsop
Pinon Real Estate Group LLC
| |
|
01/12/2024
|
2 Bed
|
3 Bath
|
1637 ft²
|
$700,000
2 Bed
3 Bath
1637 ft²
|
$680,000
-2.86%
03/22/2024
|
Hayden Mellsop
Pinon Real Estate Group LLC
| |
|
10/07/2023
|
3 Bed
|
2 Bath
|
2084 ft²
|
$850,000
3 Bed
2 Bath
2084 ft²
|
-
-
|
Kym Mellsop
Pinon Real Estate Group LLC
| |
|
01/22/2023
|
3 Bed
|
3 Bath
|
1638 ft²
|
$775,000
3 Bed
3 Bath
1638 ft²
|
$775,000
04/11/2023
|
Hayden Mellsop
Pinon Real Estate Group LLC
|
Building Info
About Salida
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Listed by: Hayden Mellsop, Pinon Real Estate Group LLC
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 1863020
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 1863020
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