115 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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Listed by Douglas Elliman Real Estate | $779,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Beautifully renovated and well-maintained contemporary home in the heart of Miller Place! This unique property features a spacious primary suite on its own private floor with an updated bath and huge closets. Additional bedrooms offer generous space and shared full bath. Enjoy multiple living areas including a den, family room, heated sunroom, and finished basement with full bath, wine room, and more. Highlights include Brazilian Cherry floors, crown molding, large Andersen windows with Hunter Douglas shades, central air, gas heat, and a whole house generator. The outdoor kitchen is perfect for entertaining. Located near shops, schools, and local amenities. A must-see!
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| Jun 12, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Sold | ||
| Sold | |||
Property Highlights
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About Miller Place
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 2 Beds
- 1 Bath
- 864 ft²
$2,300 /mo
- 1 Bed
- 1 Bath
- 700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017