10604 Engelmann Ave
About This Property
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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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by VanWest Real Estate Group, LLC | $585,000 | |
| Listed by VanWest Real Estate Group, LLC | |||
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2022 construction 3 bedroom, 2 bathroom ranch home is ready to move in. Enjoy an open floor plan boasting 9' ceilings, quartz countertops, large kitchen island, custom stained glass lights by a local artist, stainless appliances, 90% efficient furnace, central air, and a large laundry room. This home's thoughtful layout offers mountain views and an abundance of natural light. There is a large primary bedroom with an en-suite bathroom with dual vanities, heated tile flooring, and a walk-in closet. The second full bathroom offers a deep bathtub and heated tile flooring as well. Enjoy the mountain views from your spacious front porch. The home has low maintenance stucco exterior and newly added landscaping. There is an oversized 2-car finished heated garage and ample additional parking in the rear of the house, including an RV space complete with power. Enjoy a short drive to Monarch Mountain Ski Resort, Salida's historic downtown for dining and shopping, and all of the outdoor amenities that Chaffee County has to offer. Path along CR-120 allows you to walk or bike into Salida.
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| Jun 13, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed | $550,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017