7407 Kortz Trl
About This Property
The home features 2 bedrooms, 2 bathrooms, an office, bonus room, and enclosed sunroom, all filled with authentic Colorado character. A blend of rustic log construction and adobe elements creates a warm, artistic feel throughout the home with exposed peeled log beams, natural wood walls and ceilings, handcrafted details, and inviting living spaces.
The spacious living room showcases warm wood ceilings, expansive windows, and a cozy wood stove creating a true mountain retreat atmosphere. The kitchen blends rustic charm with functional design featuring extensive wood cabinetry, terracotta tile flooring, and an open flow into the dining and living areas. The enclosed sunroom incorporates passive solar design features, creating a bright year round living space filled with natural light and warmth while overlooking the landscaped yard. The office provides excellent work from home flexibility, while the bonus room could easily function as a third bedroom, guest space, studio, or hobby room.
Outside, the property has been thoughtfully designed with stone retaining walls, garden areas, mature trees, and multiple outdoor gathering areas that create a peaceful and private setting. The detached structure currently functions as a carport with multiple workshop/storage areas offering flexibility for hobbies or projects. The driveway and generous parking area provide easy access for trailers, RVs, and additional vehicles.
With no HOA and a setting that feels worlds away while remaining minutes from everything Salida has to offer, this property is a rare opportunity to own a truly distinctive Colorado 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 |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Price Decreased |
$624,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| May 6, 2026 | Listed | $639,000 | |
| Listed | |||
| Sep 1, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017