1 Echo 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 |
|---|---|---|---|
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Oct 5, 2016 | Listed by J. Barrett & Company | $375,000 | |
| Listed by J. Barrett & Company | |||
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Charming Cape in a great location, close to Cummings Center, downtown restaurants and theaters. Newly remodeled kitchen with beautiful granite counter tops, tiled floor with breakfast bar overlooking fire placed living room. Fantastic, refurbished year round porch with sliding door access to deck great for outdoor dining, overlooking large fenced in yard. Dining room, three bedrooms one full bathroom and a full basement complete this wonderfully updated, freshly painted home! Maintenance free exterior and off street parking for four. Enjoy easy access to highway, train, downtown Beverly, golf course and beaches. Don't miss out on this comfortable, easy to care for home! Simply MOVE IN and ENJOY!
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| Apr 11, 2014 | Sold | ||
| Sold | |||
| Feb 9, 2014 | Listed by J. Barrett & Company | $329,900 | |
| Listed by J. Barrett & Company | |||
| Aug 31, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017