24 Echo Ridge Road
About This Property
Inclusive plans are for a 7,000 square foot luxurious home , This lot is shovel ready , make it a reality! Additional Information: SoilType:Unknown,
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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 |
|---|---|---|---|
| Apr 3, 2023 | In contract | - | |
| In contract | |||
| Jan 3, 2023 | Listed by Keller Williams Valley Realty | $649,000 | |
| Listed by Keller Williams Valley Realty | |||
| Dec 16, 2022 | No longer available | - | |
| No longer available | |||
| Dec 13, 2022 | In contract | - | |
| In contract | |||
| Nov 9, 2022 | Relisted | $650,000 | |
| Relisted | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017