10614 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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed by Pinon Real Estate Group LLC | $139,000 | |
| Listed by Pinon Real Estate Group LLC | |||
| | |||
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South-facing, buildable CORNER lot in the Poncha Meadows neighborhood of Poncha Springs. Buy as an investment or build your dream home! Enjoy everything that the fast-growing community of Poncha Springs and its surrounding area has to offer, while also being only a short drive from Salida, The Arkansas River, and Monarch Ski Area. Sellers have complete plans for a 3 bedroom 2 bathroom home with ADU designed for this lot that are negotiable.
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| Jan 8, 2021 | Sold | ||
| Sold | |||
| Feb 7, 2020 | Listed by Pinon Real Estate Group LLC | $75,000 | |
| Listed by Pinon Real Estate Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017