8995 Salix Rd
About This Property
Modern riverfront living on one of the best stretches of the Arkansas River. This custom home sits on a wide elevated bend of the river with roughly 240 feet of private frontage and unobstructed views of the Collegiate Peaks. The setting is quiet, open, and soaked in natural light, backed by cottonwoods and big sky. It feels private without feeling isolated.
The home is polished, efficient, and built to frame the views. Floor to ceiling glass pulls the mountains and river straight into the living space. Concrete floors, vaulted ceilings, exposed beams, and a bold clean design give the interior a modern lodge feel. The architecture is fully custom with high end tile, quality fixtures, and a metal architectural beam that anchors the kitchen. The kitchen blends style and function with wood countertops, matte cabinetry, high quality appliances including the red Smeg fridge, and an enclosed pantry that keeps the space clean.
The layout is simple and smart with one bedroom, one bath, a walk-in closet, and an open concept great room that wastes zero space. Comfort features include air conditioning, full size stackable washer and dryer, water softener, and custom window coverings throughout.
Outside, the covered patio and wrap of windows give you a year-round connection to the river and surrounding landscape. The grounds include a large professionally installed wildflower garden that brings color and movement all season long. The lot is nearly flat up top with a gentle falloff to the water, offering natural privacy and a strong building position for future expansion. The septic is engineered for two homes, and the property includes plans for a larger residence. Power, well, and infrastructure are already in place.
The location is minutes to Salida yet feels like a world of its own. A rare riverfront property with clean modern design, big views, and room to grow.
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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 26, 2025 | Listed by Century 21 Community First | $1,390,000 | |
| Listed by Century 21 Community First | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017