9520 Highway 291
About This Property
Inside, the meticulously maintained, one-owner home offers 2,226 sq ft of comfortable, true single-level living. The bright, open-concept floor plan seamlessly connects the kitchen, dining, and main living areas, highlighted by a flexible front bonus room featuring a cozy wood-burning fireplace. The primary suite serves as a private retreat, complete with a generous walk-in closet and a full bath featuring a walk-in shower and soaking tub. Work from home seamlessly in the dedicated home office equipped with functional built-in features. Step out onto the 240 sq ft covered wood deck to soak in unobstructed, breathtaking panoramic views of Mount Shavano and Mount Princeton, protected views that will last, thanks to a recorded conservation easement on the neighboring ranchland. Enjoy the perfect balance of rural quietude and community convenience: the property is located an easy 6-mile drive from downtown Salida's vibrant historic art galleries, restaurants, and river recreation, and sits just 0.2 miles from the Heart of the Rockies Regional Medical Center. Quiet mountain freedom meets unbeatable workspace capacity! What are you waiting for? Welcome home!
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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 |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$774,900
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed | $789,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017