12 Drake
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | Listed by H&K REALTY | $799,000 | |
| Listed by H&K REALTY | |||
| Mar 25, 2021 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by The Gove Group Real Estate, LLC | $579,900 | |
| Listed by The Gove Group Real Estate, LLC | |||
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Welcome to Echo Farm! A quiet, private sub-division located just a short three miles to Route 101 and Rt 125 and convenient to shops and restaurants. This beautiful development offers 33 home sites, all over 2 acres. This 2015 sq ft ranch boasts a wide open floor plan with an open concept living space and a private home office or study. Two bedrooms and 2 baths are located on the main level and a bedroom with adjacent bath and shower in the walk out basement provides privacy for your guests. Echo Farm combines quiet, country living with close proximity to all the Seacoast and New Hampshire has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017