8380 County Road 140
About This Property
Set on three acres just outside of Salida, this classic 1974 home blends mountain views, mature trees, and solid construction with unmistakable vintage charm. The property includes four bedrooms, two baths, an attached two car garage, and a bright screened in sunroom that extends the living space toward the yard.
Step inside and you'll find a time capsule from another era with bold carpet, patterned wallpaper, and detailed woodwork that show the care and craftsmanship of the original build. The kitchen features generous counter space, solid oak cabinetry, stainless appliances, and a picture window perfectly framing the mountain backdrop. A brick wood burning fireplace anchors the living room and adds a warm focal point to the main level.
All four bedrooms are on one level, including a primary suite with a walk in closet and attached bath. Large windows fill the home with light and showcase the surrounding landscape.
Outside, the property offers an established lawn and mature shade trees with open space for gardens, hobbies, or livestock. The single wide trailer on site is currently used for storage and would need significant work to be livable.
This is a property with great bones, privacy, and potential, ready for a fresh vision in one of Salida's most scenic settings.
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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 |
|---|---|---|---|
| Nov 3, 2025 | Listed by Century 21 Community First | $859,000 | |
| Listed by Century 21 Community First | |||
| Oct 14, 2025 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 13, 2025 | Price Decreased |
$890,000
↓ $60K
(6.3%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$950,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017