1051 Echo Avenue
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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2023 | Listed by Florida Homes Realty & Mortgage | $185,000 | |
| Listed by Florida Homes Realty & Mortgage | |||
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**Fishermen's Haven** This is an income producing property with Airbnb that stays booked! This home is 2 min from the locks to get in on the biggest lake in FL for some of the best bass fishing you could ask for. This 3-bedroom 2 bath with office space and Florida Room that can be used as a 4th bedroom, is in a quiet neighborhood and sits between 2 canals, you can park your boat in the front or pull it up to your dock in the back, next to your back patio. There is plenty of space for storage as there is a shed on the property. This property also has fruit trees that produce every year. The property also has a brand-new septic tank that was put in last year. The home has been converted to be handicap accessible. Call today to for a showing!
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| Apr 21, 2022 | Sold | ||
| Sold | |||
| Feb 17, 2022 | Listed by Florida Homes Realty & Mortgage | $165,000 | |
| Listed by Florida Homes Realty & Mortgage | |||
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PERFECT FOR AIRBNB!!! FISHERMAN/DUCK HUNTERS DREAM!!! BEAUTIFUL PROPERTY ON LAKEPORTS RIM CANAL WITH LAKE OKEECHOBEE ACCESS. BRING YOUR BOATS! Canal access leads straight to Lake O for some of the best freshwater fishing in Florida. Fish straight from your backyard off of the beautiful wooden dock that has a brand-new seawall underneath. Meticulously kept spacious mobile home with wood frame addition added in 2001. When you walk into this beautifully decorated home, you will be amazed; brand new carpet and wood laminate flooring with new sub-flooring, and new A/C. Beautifully landscaped lawn with fruit trees. You will have access to 1/4 acre lot in front of the home which goes down to the canal and allows for caretakers rights according to SFWMD. Must see to believe.
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| Nov 17, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017