15714 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 30, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Price Decreased |
$389,000
↓ $21K
(5.1%) | |
| Price Decreased | |||
| Mar 16, 2025 | Price Decreased |
$410,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 21, 2025 | Listed by Just Focus Real Estate | $420,000 | |
| Listed by Just Focus Real Estate | |||
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Owner is offering up to 5k in closing costs or rate buydown on this charming 1-story Crestmark home, built in 2008 that just had a new roof installed the 2/1/25!!!! This residence features 4 bedrooms & 2 full bathrooms, along w/ a stunning inground pool. The outdoor space includes a covered patio, and pergola w/ a custom-built smoker, all situated on a generously sized lot in the desirable Live Oak Hills subdivision with no HOA. For those cooler days, you can enjoy the warmth of the wood-burning fireplace. The interior boasts elegant wood flooring and ceramic tile in the wet areas, while all carpets have recently been replaced.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017