10606 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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed | $670,000 | |
| Listed | |||
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Offering a unique opportunity to build your brand new home without the added hassle of construction financing, planning, and the hassle of finding a builder that is able and ready. Headwater Construction has a proven track record of delivering exceptional homes in Poncha Meadows on time at a competitive price. Take advantage of this unique opportunity to contract a semi-custom home with multiple design packages to choose from.
This spacious 4 bed, 3 bath home has been thoughtfully designed with an efficient use of space and generous room sizes to accommodate many lifestyles and great outdoor living areas. Enjoy gorgeous views from a covered rear porch and relax and engage with your neighbors on your inviting front porch. 9' ceilings, quartz countertops, a large kitchen island, stainless steel appliances, 90% efficient gas forced-air furnace, On-Demand hot water, and Central A/C. All bathrooms include tiled surrounds and quartz tops. Truly move-in ready with full landscaping included. Enjoy the many benefits of Poncha Meadows including terrific access to hiking, skiing, biking and a short drive to downtown Salida. 1 year Builder Warranty provided. Seller is a licensed CO Broker. Call to discuss your options now! Drive by the lot to see your future home location. Also reference MLS #9866609 for the lot information. Lot size is approx. 6,250 Sq Ft.
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| May 10, 2023 | Listed by HomeSmart Preferred Realty | $115,000 | |
| Listed by HomeSmart Preferred Realty | |||
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Poncha Meadows is mountain community living at its best! Along with stellar mountain views, your new community feature a park, public utilities and easy access to Monarch ski resort! Enjoy hiking, biking, fishing, skiing and miles of scenic trails. Located in Poncha Springs and minutes from downtown Salida, this neighborhood is part of the highly-regarded Salida School District! Living in Poncha Meadows means you will be experiencing life at its fullest within a diverse mountain setting. Wind down your day and grab a craft beer at Elevation Brewery or be a part of Vino Salida's annual grape stomping event, just footsteps from your home. It's also the ideal location for the outdoorsman or woman who wants to live unplugged but still connect with their neighbors. You never have to wait for a vacation - hiking, mountain biking, hunting, kayaking, fishing, and skiing are all a way of life here. Poncha Meadows is the perfect combination of peaceful relaxation in a location surrounded by nature and the convenience of the newest IronChest Steakhouse restaurant, businesses and shopping. Poncha Springs is a fast growing community, there is truly something for everyone at Poncha Meadows subdivision in beautiful Chaffee County. Also reference MLS# 8358683 for conceptual home plans for this lot.
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| Jun 6, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017