15714 Echo Canyon Drive
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Lake Homes Realty, LLC | $200,000 | |
| Listed by Lake Homes Realty, LLC | |||
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A GREAT OPPORTUNITY to own a clean, single story, single owner home with a great layout that offers an open layout for the kitchen, eating, and living area! You'll love the feel of this home! The brick accent wall around the fireplace is eye catching! The sliding doors in the living room open to your outdoor space and a nice deck to enjoy in the evenings. There are three full bedrooms and 2 bathrooms. The primary bedroom is quite large, and has its own private patio space to enjoy as well. You'll love the area....close to schools, Katy, Houston, IAH, and more. Great for anyone commuting for work or who wants to get into Houston for a night on the town, and then retreat to a quieter place the rest of the week. Come get this one quick!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017