116 ECHO Drive
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 11, 2026 | Listed by Nicklaus Vance | $2,670,000 | |
| Listed by Nicklaus Vance | |||
| Jul 7, 2026 | Price Decreased |
$2,895,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Nicklaus Vance | $2,995,000 | |
| Listed by Nicklaus Vance | |||
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Welcome to 116 Echo Drive, an exceptional 3 bedroom 3.5 bath residence nestled within the prestigious The Loxahatchee Club—one of the nation's most coveted private communities, ranked #17 among America's most exclusive golf and country clubs by Forbes. This beautifully maintained home underwent a comprehensive renovation in 2015 including a new roof, impact-resistant glass, remodelled kitchen & family room, updated lighting and all new baths. The chef's kitchen was redesigned with new cabinetry and countertops, offering both style and functionality. A spacious Florida room along with phantom screens create a seamless indoor-outdoor living experience. Outdoors, lush, mature landscaping surrounds the home, complemented by an electric awning—perfect for enjoying Florida's year-round sunshine. Additional highlights include a spacious two-car garage plus a dedicated golf cart bay, as well as a whole-house generator for peace of mind. This is a rare opportunity to own a meticulously updated home in one of Jupiter's most exclusive and sought-after communities.
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| May 21, 2015 | Sold | ||
| Sold | |||
| Dec 1, 2014 | Listed by Nicklaus Vance | $799,000 | |
| Listed by Nicklaus Vance | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017