8005 W US Highway 50
About This Property
8005 W Highway 50 offers a rare combination of residential comfort and commercial potential. Situated on a 0.6 acre lot in unincorporated Chaffee County, this property falls within the MUC (Mixed Use Corridor) zoning district. This zoning allows for a blend of residential, commercial, and light industrial uses, making it ideal for live work setups, home based businesses, or future development potential.
The main residence is a 1,468 square foot single level ranch style home featuring 3 bedrooms, 2 bathrooms, and multiple covered outdoor spaces. It includes forced air heating, durable metal siding, two wood burning fireplaces, an attached 392 square foot garage, and a 573 square foot covered and partially enclosed back porch, providing generous space for storage, gear, or outdoor living.
Tucked privately on the same parcel is a detached 460 square foot accessory dwelling unit (ADU), a 1 bedroom, 1 bathroom mobile home with its own covered deck, forced air heating, and a separate entrance. This additional unit offers flexibility for guests, rental income, workspace, or personal use.
With its strategic location along Highway 50 and versatile zoning, this property is well suited for those looking to combine living space with business opportunities. Whether you are considering a home based enterprise, rental investment, or a combination of both, 8005 W Highway 50 presents a unique opportunity in the Salida area.
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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Price Decreased |
$599,000
↓ $36K
(5.7%) | |
| Price Decreased | |||
| Jul 6, 2025 | Price Increased |
$635,000
↑ $36K
(6%) | |
| Price Increased | |||
| May 8, 2025 | Listed | $599,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017