7255 County Road 105
About This Property
Nestled in one of Colorado's most sought-after mountain towns, this property offers the rare chance to own both a mobile home and the land it sits on-no lot rent here. Located in an amazing Salida location with easy access to downtown, schools, and outdoor recreation, the setting alone adds tremendous value.
The existing mobile home is currently occupied but in need of significant repairs and updates. With some vision and effort, this property could be transformed into a charming full-time residence, a weekend getaway, or a solid investment. Alternatively, consider replacing the existing structure and building new-buyer to verify zoning and development possibilities with the city.
Don't miss this chance to secure a piece of land in a thriving market with endless potential. Priced accordingly for the condition and location.
Payment Calculator
Your Estimated Monthly Payment
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 15, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$350,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 30, 2025 | Price Increased |
$360,000
↑ $20K
(5.9%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017