431 Ouray Ave
About This Property
Upon entry, you're greeted by a spacious mudroom leading to a light-filled living room featuring floor-to-ceiling windows and a high-efficiency Morso wood burning stove. The layout provides a balance of privacy and connectivity with a large primary bedroom and bathroom on one end, and three additional bedrooms plus another full bathroom on the opposite side.
The heart of the home is the large eat-in kitchen, complete with granite tile counters, stainless steel appliances, and an oversized south-facing glass door bathing the space in natural light. Recent upgrades include newer Hickory hardwood floors, knotty alder doors, and new windows throughout.
Situated at the front of the lot, there's ample space for expansion or the addition of an accessory dwelling unit (ADU) off the alley. The front yard is adorned with lush grass and a sprinkler system, enhancing the curb appeal.
Further enhancing the property are recent updates such as a new roof, exterior paint, updated insulation, on-demand water heater, and whole house humidifier. Enjoy the tranquility of Ouray Avenue, adjacent to the golf course, yet mere blocks away from downtown amenities including coffee shops, restaurants, parks, and the Arkansas river.
Don't miss this opportunity to own a slice of Salida's desirable lifestyle. Schedule your showing today and seize the chance to call this remarkable property home!
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Colorado Mountain Realty | $950,000 | |
| Listed by Colorado Mountain Realty | |||
| | |||
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Introducing 431 Ouray Avenue, a captivating 4-bedroom, 2-bathroom home nestled in one of Salida's most coveted neighborhoods. Boasting updates throughout, this residence sits on a .34 acre lot, offering both comfort and potential.
Upon entry, you're greeted by a spacious mudroom leading to a light-filled living room featuring floor-to-ceiling windows and a high-efficiency Morso wood burning stove. The layout provides a balance of privacy and connectivity with a large primary bedroom and bathroom on one end, and three additional bedrooms plus another full bathroom on the opposite side.
The heart of the home is the large eat-in kitchen, complete with granite tile counters, stainless steel appliances, and an oversized south-facing glass door bathing the space in natural light. Recent upgrades include newer Hickory hardwood floors, knotty alder doors, and new windows throughout.
Situated at the front of the lot, there's ample space for expansion or the addition of an accessory dwelling unit (ADU) off the alley. The front yard is adorned with lush grass and a sprinkler system, enhancing the curb appeal.
Further enhancing the property are recent updates such as a new roof, exterior paint, updated insulation, on-demand water heater, and whole house humidifier. Enjoy the tranquility of Ouray Avenue, adjacent to the golf course, yet mere blocks away from downtown amenities including coffee shops, restaurants, parks, and the Arkansas river.
Don't miss this opportunity to own a slice of Salida's desirable lifestyle. Schedule your showing today and seize the chance to call this remarkable property home!
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| Aug 8, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017