22523 Mount 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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by A.M. Real Estate | $334,900 | |
| Listed by A.M. Real Estate | |||
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HomePath offers you this mansion with so many updates & 5 bedrooms! It is located in the quaint Hockley area Northwest of Houston off Hwy 290. The subdivision is home to a 3.5 acre park with a 30ft grassy peak commonly known as "Bauer Mountain" with multiple play structures, an embankment slide, walking trails & picnic areas! This grand home offers a 1st floor primary suite, spacious den open to the dining area & a charming kitchen. The kitchen offers mega cabinets & granite counters. The New Stainless appliances feature the latest WIFI Enabled Upgrade Stainless Range!! check it out online. There is new paint even in the garage. The garage floor has new epoxy paint on the floor for a clean finish. New carpet, faucets, toilets and even ceiling fans were added. The fixture in the dining area has been updated with a stylish LED fixture! Don't miss this one.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017