5707 County Road 210
About This Property
The 2,744 square foot residence was designed to take advantage of its surroundings. A dramatic vaulted tongue and groove ceiling and oversized arched windows anchor the great room, filling the space with natural light and framing the landscape beyond. The adjoining kitchen and dining area create an easy gathering space with access to the wraparound deck for outdoor dining, relaxing and taking in the views.
Two bedrooms are located on the main level, including the primary suite with private bath, jetted tub and walk in closet. Downstairs, the finished walkout level adds two additional bedrooms, a three quarter bath and a spacious family room with direct access to the patio and grounds. Multiple decks and patios, established landscaping and a hot tub extend the living space outdoors.
The property is served by natural gas, a private well and septic system and includes an attached two car garage. The well permit provides for household use in up to three single family dwellings. With Agriculture/Ranching zoning, no HOA or restrictive covenants, creek frontage and public land along the property boundary, this home offers an uncommon combination of water, acreage, privacy and versatility just outside Salida. The home is currently utilized as a short term rental; the existing STR permit is nontransferable and any future short term rental use would be subject to applicable Chaffee County requirements and approvals.
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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%.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed | $1,675,000 | |
| Listed | |||
| Oct 12, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017