126 ECHO Lane
About This Property
Welcome to 126 Echo Ln. in Palatka, FL - a peaceful lakeside retreat tucked away in one of Putnam County's best-kept secrets. With 1.63 acres of natural beauty, this charming property offers direct frontage on the coveted Silver Lake - a rare find in today's market!
As you drive in, you're greeted by a picturesque, tree-lined gravel road, winding through shade, privacy, and quiet serenity. The home is well-maintained with timeless character, offering a solid foundation and endless potential for stylish updates. Whether you're envisioning a cozy weekend hideaway or a full-time lakefront dream, this is your opportunity to bring it to life.
You'll feel a world away - yet you're just minutes from everything Palatka has to offer, including shopping, dining, medical facilities, and more.
Peaceful, private, and conveniently located - this property truly has it all. Schedule your private showing today!
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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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by COLDWELL BANKER BEN BATES INC | $295,000 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
| Jun 9, 2025 | Price Decreased |
$300,000
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed | $329,900 | |
| Listed | |||
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Waterfront Living: Your Canvas For Endless Possibilities! Imagine waking up to breathtaking panoramic views of Silver Lake every day! Situated on a sprawling 1+ acres of high and dry land, this concrete block home offers a rare opportunity to embrace a private, outdoor-focused lifestyle amidst mature trees providing natural beauty and seclusion. Step inside and envision the potential of making this house a new home by adding your personal touches and modern upgrades. The functional layout features 3 bedrooms, 2 bathrooms, a welcoming living room with a cozy wood-burning fireplace, a dedicated dining area, a versatile sitting area/flex space perfect for a family room or library/study, and a spacious kitchen complemented with handcrafted wood cabinetry. Adding to the attractiveness of this home is the new HVAC, newer metal roof, an indoor laundry room and a sizable 9x10 indoor storage room. Venture outside to embrace an outdoor-focused, sustainable lifestyle. For outdoor enthusiasts, this property offers a 20x20 shed/workshop, a 10x12 storage shed, and a carport with an attached workshop. Envision adding a private dock for boating, kayaking, fishing, or simply relaxing and enjoying the tranquil waters. Imagine cooling off on sweltering summer days in your sparkling inground pool surrounded by a paver patio, a rustic pergola providing shade, a crackling firepit for evening gatherings, and a delightful summer kitchen for outdoor dining. Welcome the opportunity to cultivate your own garden, raise goats, chickens, and bees, and enjoy fresh produce from your own fruit trees. While enjoying the peace and privacy of country living, this home is centrally located with convenient access to the St. Johns River, shopping, restaurants, medical care, schools, trails, and State parks with easy commutes to other points of interest in northeast Florida. Don't miss your chance to own this unique slice of country paradise! House is being sold "As-Is". NO BLIND OFFERS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017