7414 Engineers Rd.
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 |
|---|---|---|---|
| Sep 3, 2026 | Listed by Orchard Realty, Inc. | $549,000 | |
| Listed by Orchard Realty, Inc. | |||
| Mar 1, 2025 | Listed | $100,000 | |
| Listed | |||
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Short sale, house needs a lot of work. Good opportunity for experienced investor.
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| Apr 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 12, 2023 | In contract | - | |
| In contract | |||
| Nov 3, 2022 | Listed by Orchard Realty, Inc. | $389,000 | |
| Listed by Orchard Realty, Inc. | |||
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SHORT SALE. This property needs plenty of TLC but presents a great opportunity for a starter home ownership. The home offers off-the-grid living with beautiful mountain views, mature oaks, two decks, a two-car garage, laundry room, vaulted ceilings, open living room/dining room/kitchen area, and all in a charming country setting minutes away from Lake Cuyamaca. Hiking trails are nearby. Manufactured home with fire sprinklers, plenty of natural light and great opportunities to customize to your taste. There are fire departments at each end of paved Engineers Road. The manager has listed the unit size as 1324 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017