2106 Echo Ridge
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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 |
|---|---|---|---|
| Sep 28, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by Dreams Come True Realty | $245,000 | |
| Listed by Dreams Come True Realty | |||
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WOW! This charming ranch style home with so many upgrades. Kitchen w/ marble countertops and stainless steel appliances. New dishwasher and microwave. Breakfast w/ new built in desk great for working from home. Family room w/ high ceilings and updated fireplace. Open the barn door to access the bedrooms. Primary bedroom w/ en suite bath. Primary bath w/ updated 2 shower heads shower, 2 walk in closets and linen closet. Secondary bedrooms good size w/ walk in closet. Secondary bath completely updated. All bedrooms w/ wood like tile and ceiling fans. Backyard w/ stamped concrete desk, pergola, Catalina swim spa, and storage shed. Recent updates are new roof, double pane windows, siding, fence, gutters, water heater, and backyard walkway. Nearby restaurants and school. This won't last long
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017