606 Shannon Rd
About This Property
Located just moments from the Arkansas River, this property is a dream for outdoor enthusiasts. World-class fly fishing, rafting, hiking, biking, ATV trails, and horseback riding opportunities are all nearby, offering endless adventures right outside your door.
Step outside and enjoy the backyard oasis, featuring a spacious patio and fire pit area, perfect for taking in Colorado's breathtaking dark skies and star-filled nights.
The 1.6-acre lot provides ample room for animals, gardening, or simply enjoying the extra space and privacy. Conveniently located just minutes from Cotopaxi schools and amenities, with Canon City only 30 minutes away and the charming mountain communities of Salida and Westcliffe within easy reach, you'll enjoy the best of both convenience and small-town Colorado living.
Whether you're looking for a full-time residence, weekend getaway, or basecamp for adventure, this property offers a lifestyle that's hard to match.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$360,000
↓ $9K
(2.4%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed | $369,000 | |
| Listed | |||
| Jun 15, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017