5540 E Hwy 50
About This Property
The information contained herein should be verified after buyer contracts to buy the property.
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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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Coldwell Banker Collegiate Peaks Realty | $1,020,222 | |
| Listed by Coldwell Banker Collegiate Peaks Realty | |||
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If you want striking mountain views, peaceful seclusion, sprawling acreage, NO HOA and ultra-close proximity to Salida, then this may be THE property. This versatile residence offers an exceptional opportunity to live a much sought-after mountain lifestyle particularly if you want easy access to hiking, biking and riding trails directly from your driveway. Whether occupied as a main residence or used as a vacation home, this turn-key STR allows options to earn income immediately, board horses/livestock, build an ADU/shop/garage or perhaps rezone it into two parcels. The property offers key, hard-to-find features: real secluded privacy; room for expansion; door-step adventure; and close proximity to the places that define this special area of Colorado. The impressive residence has 11.53 treed acres (6.5 are fully fenced), a sauna, work shed, stalls, paddocks, 50-amp RV hookup and is a quick 5 min. drive to Salida's vibrant downtown. Make an appointment to discover first-hand the transformational energy this rare property radiates. No drive-bys please.
The information contained herein should be verified after buyer contracts to buy the property.
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| Aug 2, 2025 | No longer available | - | |
| No longer available | |||
| Jul 29, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017