215 Echo Drive
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 |
|---|---|---|---|
| Feb 16, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by NV Realty Group LLC | $3,249,000 | |
| Listed by NV Realty Group LLC | |||
| Jan 9, 2019 | No longer available | - | |
| No longer available | |||
| Feb 10, 2018 | Listed | $2,950,000 | |
| Listed | |||
| | |||
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Grand Estate Home in the prestigious Loxahatchee Club with over 4,700 sq ft of living with 4 bedrooms including a private guest suite plus a home office and 4.1 luxurious baths are found in this beautiful open plan home with gorgeous lake and golf course views. Enter this home from the pavered courtyard and the peaceful sounds of a fountain and be immediately struck by the manicured landscaping. Double doors bring you inside to the two story large living room with clerestory windows, fine architectural molding and beams, a cozy fireplace and walls of glass with views to the pool and patio with the lake and golf course beyond. The adjacent kitchen is perfect for open entertaining and boasts custom white cabinetry, sparkling stainless appliances The manager has listed the unit size as 4759 square feet.
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| May 24, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017