123 Echo Lane
About This Property
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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%.
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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 29, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Nicklaus Vance | $2,625,000 | |
| Listed by Nicklaus Vance | |||
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Situated on a quiet cul-de-sac in the prestigious Loxahatchee Club, 123 Echo Lane is an elegant, beautifully maintained home offering stunning golf course views and lush landscaping to provide an exceptional sense of privacy. The residence features spacious living areas filled with natural light and soaring ceilings, and a seamless indoor-outdoor flow. The lanai, with motorized screens, offers inviting space for outdoor eating and relaxation. Extensive exterior upgrades and improvements include a new roof, impact glass, new irrigation and lighting systems, a redesigned circular driveway, a full-house generator, and a complete pool renovation with new surrounding pavers. Inside is a fully renovated kitchen with all Bosch appliances; induction cooktop and wine refrigerator, new primary bathroom with soaking tub and towel warmer, new master closet, new flooring in primary and guest bedrooms, and a new guest room bathroom. A truly move-in-ready home with significant capital and design improvements already in place.
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| May 22, 2015 | Sold | ||
| Sold | |||
| Nov 20, 2014 | Listed by Nicklaus Vance | $999,000 | |
| Listed by Nicklaus Vance | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017