13 Echo Lane
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by HomeLand Properties, Inc | $159,900 | |
| Listed by HomeLand Properties, Inc | |||
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Perfect starter home on a large lot, 1 acre! This home is structurally sound, built in 1980 with a brick exterior. Interior includes 3 bedrooms, 1 bath, and a large living, dining, and kitchen combo. Laundry room with washer and dryer connections is off the dining room area with additional access to outside. The property is mostly cleared with plenty of room for a barn, garden, outdoor patio, etc! Located in Harmon Creek Ranchettes just off Hwy 19 for easy access to Huntsville and I-45. Excellent property for personal home or rental.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017