10607 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 10, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by First Colorado Land Office, Inc. | $639,900 | |
| Listed by First Colorado Land Office, Inc. | |||
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The Harvard floor plan is a stunning 2048 sq ft home with beautiful finishes and large rooms. When you walk in the front door, the open main level invites you into a perfect gathering spot for friends and family. The kitchen in the Harvard unit is designed for function and storage optimization with soft close cabinets, stainless steel appliances, and a huge pantry. A large island adds more counter and prep space with room for bar stools. There is a dining room and family room on this first floor and a half bath by the back door for added convenience near the laundry room. Upstairs has three large bedrooms. The primary bedroom has an attached bathroom and a balcony with extraordinary mountain views. The other two bedrooms share a full bathroom with abundant cabinet space and each have large closets. A two car detached garage is included with this home as well as a covered porch and balcony. Quartz at Poncha Meadows is a new "pocket community" in a growing corner of Chaffee County. This development features superior modular homes built in a state-of-the-art factory just down the road in Buena Vista. They are designed and constructed with attention to every detail and value add in critical areas such as energy efficiency, tightness, and structural composition. Unlike a stick built home, the modular units are precision built indoors where they are engineered to the highest standards, inspected and tested above and beyond site built homes and are produced with unparalleled quality in climate controlled conditions. All of the finishes, cabinetry, flooring, features, and exterior styles have been carefully chosen. Located near skiing, amenities, restaurants, hospital, and endless mountain recreation. An excellent place to call home or to invest in. Photos and 3D tour in MLS are of a completed home/pocket park and not of the listed home. Upper and lower levels have LVT flooring, stairs are carpeted. 3D Tour is a mirror image of property listed.
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| Jun 28, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017