22954 Clear Echo Drive #31
About This Property
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$925,000
↓ $50K
(5.1%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$975,000
↓ $25K
(2.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/09/2026
|
4 Bed
|
3 Bath
|
2402 ft²
|
$999,999
4 Bed
3 Bath
2402 ft²
|
$860,000
-14.00%
05/27/2026
|
Stephanie Brodylo
Realty 100
| |
|
11/15/2024
|
3 Bed
|
2 Bath
|
2106 ft²
|
$860,000
3 Bed
2 Bath
2106 ft²
|
$670,000
-22.09%
10/22/2025
|
Mariana Carnevali
United Realty Group Inc
| |
|
05/24/2023
|
4 Bed
|
3.5 Bath
|
2298 ft²
|
$845,000
4 Bed
3.5 Bath
2298 ft²
|
-
-
|
Sergiy Serdyuk
Barr Agency Real Estate
| |
|
05/06/2023
|
4 Bed
|
3 Bath
|
2402 ft²
|
$869,000
4 Bed
3 Bath
2402 ft²
|
$850,000
-2.19%
07/27/2023
|
Mimi Mangines
Keller Williams Realty Boca Raton
| |
|
09/11/2021
|
4 Bed
|
3 Bath
|
2402 ft²
|
$785,000
4 Bed
3 Bath
2402 ft²
|
$750,000
-4.46%
11/22/2021
|
Esther Levin-Morrison
The Corcoran Group
| |
|
06/08/2021
|
3 Bed
|
2 Bath
|
2106 ft²
|
$799,000
3 Bed
2 Bath
2106 ft²
|
$725,000
-9.26%
10/18/2021
|
Jill R Glanzer
Sundial Real Estate LLC
| |
|
01/17/2020
|
4 Bed
|
4 Bath
|
2588 ft²
|
$549,000
4 Bed
4 Bath
2588 ft²
|
-
-
|
Sergiy Serdyuk
Barr Agency Real Estate
| |
|
01/23/2017
|
4 Bed
|
3 Bath
|
2359 ft²
|
$489,000
4 Bed
3 Bath
2359 ft²
|
$459,000
-6.13%
01/30/2018
|
JORGE ZEA
BLUE LIGHTHOUSE REALTY INC
|
Building Info
About Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017