21 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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by HomeSmart Homes & Estates | $439,000 | |
| Listed by HomeSmart Homes & Estates | |||
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Welcome to your new home within a picturesque setting in the town of Warwick. Featuring an open floor plan, privacy, and the conveniences of a wonderful location. Stepping inside your new home you will notice the sun drenched living space with hardwood floors, cozy wood burning stove, and a floor plan that provides open access, perfect for gatherings. Your kitchen provides a breakfast bar, ample storage space, granite counter tops and stainless appliances. The first level of your home has two generous sized guest bedrooms, a primary bedroom, full bath with ornate claw foot tub, and dining room with glass sliders to the expansive rear deck. Ascend to the second level to find an additional living space which lends itself to many possibilities as well as a laundry room and another full bathroom. The lower level provides a one car garage as well as plenty of storage space. Take advantage of this opportunity to be close to parks, schools, shops, restaurants, wineries, breweries and all the Warwick Valley has to offer.
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| Mar 11, 2015 | Sold | ||
| Sold | |||
| Oct 20, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017