1 Echo Court
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 |
|---|---|---|---|
| Jun 28, 2016 | Sold | ||
| Sold | |||
| May 12, 2016 | Listed by Lux Realty North Shore | $649,900 | |
| Listed by Lux Realty North Shore | |||
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New Construction. Beautiful home loaded w/upgrades. Farmers porch w/composite decking. 2 stall garage. First floor has HW floors, 9' ceilings & crown molding. Huge Kitchen loaded w/custom maple cabinets, crown molding, granite counters, stainless appliances and 9' long island. Spacious, open family room. First floor laundry room. Second floors boasts 4 bedrooms, including spacious master bedroom with separate his/hers walk-in closets & recessed lights. Large master bath w/granite, double sinks & lg. linen closet. 2nd bath w/granite & dbl sinks. Kohler plumbing fixtures thru-out. Walk-up third floor is completely finished w/Huge (28x16) play/great room and separate 15x12 office. 2 natural gas heating and central a/c systems, 200 amp electric. Super energy efficient home w/HERS rating of 49 !!! Beautiful field stone retaining walls, granite steps, paver walkways, custom paver patio w/built in benches. Tasteful landscaping, private, fenced yard. Walk to downtown.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017