$644,000
●
Multifamily -
Off Market
302 Shepherd Rd #B
Salida, CO 81201
3 Beds
1 Bath
1,564 Ft²
$647,229
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
You don't have to live in Poncha to get affordable, quality new
home construction! You can live right in Salida, settled between
two walking trails that will take you straight downtown and the
river. Wonderful views with direct access to the Salida walking
trail system and just feet from the golf course. Exceptional
craftsmanship in these brand new duplex condos. Quartz counters,
high ceilings, contemporary finishes and stainless appliances with
gas stoves. Best price per square foot of any comparable home in
Salida. *Sample interior photos from similar condo in the
subdivision.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
-
Price per sqft
$415
Property Type
Multifamily
Property Taxes
-
HOA Dues
$150
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: 6 months ago (REcolorado MLS #IRE5182632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Jan 13, 2023 | Listed by Harder Real Estate and Development, LLC | $649,000 | |
| Listed by Harder Real Estate and Development, LLC | |||
| | |||
|
You don't have to live in Poncha to get affordable, quality new home construction! You can live right in Salida, settled between two walking trails that will take you straight downtown and the river. Wonderful views with direct access to the Salida walking trail system and just feet from the golf course. Exceptional craftsmanship in these brand new duplex condos. Quartz counters, high ceilings, contemporary finishes and stainless appliances with gas stoves. Best price per square foot of any comparable home in Salida. *Sample interior photos from similar condo in the subdivision.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Pantry, Walk-In Closet(s), Jack & Jill Bathroom
Appliances: Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
Basement: Crawl Space, Slab
Exterior Details
Has Property Attached
Square Footage: 1564
Square Footage Source: $0
Year Built: 2022
Levels: Two
Construction Materials: Frame, Stucco
Patio and Porch Features: Patio
Lot Features: Paved
Water Source: City
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Insurance
HOA Fee: $150
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 |
|---|---|---|---|---|---|---|---|
|
01/13/2023
|
3 Bed
|
3 Bath
|
1564 ft²
|
$649,000
3 Bed
3 Bath
1564 ft²
|
$644,000
-0.77%
07/19/2023
|
Walt Harder
Harder Real Estate and Development, LLC
| |
|
01/12/2023
|
3 Bed
|
3 Bath
|
1564 ft²
|
$649,000
3 Bed
3 Bath
1564 ft²
|
$649,000
04/06/2023
|
Walt Harder
Harder Real Estate and Development, LLC
|
Building Info
About Salida
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Walt Harder,
Last Updated: 6 months ago
Data Source: REcolorado MLS, MLS# IRE5182632
© 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: 6 months ago
Data Source: REcolorado MLS, MLS# IRE5182632
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