295 Southside Loop
About This Property
Inside, you'll find a functional layout with bright, inviting living spaces and the convenience of an all-electric system, including a heat pump with central A/C for year-round comfort. The well-appointed kitchen and open living area create an easy flow for everyday living or entertaining, while the two bedrooms provide flexibility for guests, a home office, or peaceful retreat.
Step outside to enjoy the large, fully fenced yard - perfect for pets, gardening, or relaxing under Colorado's beautiful skies. Parking is a breeze with a one-car detached garage plus an additional off-street parking space.
Located in Salida's vibrant Two Rivers community on the east side of town, this multi-faceted, walkable neighborhood sits at the confluence of the Little Arkansas and Arkansas Rivers. Residents enjoy a natural setting featuring a scenic river walk, mature trees, and stunning mountain views. Just moments away is Two Rivers Commons, home to popular restaurants, a bakery, a gym, and exciting additions still to come.
Whether you're seeking a full-time residence, mountain retreat, or investment opportunity, this bungalow offers an exceptional chance to live in one of Salida's most dynamic and picturesque communities.
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Listed | $699,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017