22 GLEN ECHO AVE
About This Property
This beautifully updated corner lot home offers comfort, style, and more space than meets the eye. The main level, a traditional ranch, features 936 sq. ft. of living space, while the professionally designed lower level adds an additional 735 sq. ft., bringing the total to nearly 1,671 sq. ft. The walk-out lower level, connected to an exceptionally spacious mudroom/laundry room, adds both convenience and functionality.
Inside, you'll find a bright living room with engineered wood floors, a modern eat-in kitchen with granite countertops, stainless steel appliances, and a custom-built pantry. Three bedrooms with ceiling fans and wainscoting, plus a modern, updated full bathroom, complete the main level.
The lower level spans the length of the home and features a spacious family room, office/playroom, and a bonus "secret" room hidden behind a bookshelf-perfect for use as a private office, workout room, or additional storage. The large laundry room with outdoor access to the driveway is a feature every homeowner will love.
Outside, enjoy the spacious deck and fully fenced backyard with two access points. Major updates include a new roof (2016) and furnace (2022), and whole house updated and modernized.
Adventure awaits across the street at Raccoon Creek for kayaking, while nearby Schorn Cabin and the charming downtown offer great restaurants, shops, and local history.
Stop by the open house on Saturday, October 19th, 1 p.m. - 3 p.m. for a Philly pretzel and enjoy the day!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Nov 5, 2024 | Price Decreased |
$300,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Oct 18, 2024 | Listed by Prime Realty Partners | $310,000 | |
| Listed by Prime Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017