240 Echo Road
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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by BHG Real Estate Green Team | $419,900 | |
| Listed by BHG Real Estate Green Team | |||
| | |||
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Welcome home! This immaculate and freshly painted 3-bedroom, 2.5-bath bilevel offers the perfect blend of modern elegance and serene privacy. Nestled on a sprawling 2.1-acre lot, this home provides ample space for relaxation and recreation. A bright, open floor plan seamlessly connects the living, dining, and kitchen areas. The large windows throughout the main level flood the space with natural light. The contemporary kitchen boasts designer-white cabinets, sleek countertops, and plenty of storage with an eat-in bar. Sliders off the dining room lead to a spacious deck for dining al fresco. The spacious primary suite with a private full bath, two additional bedrooms and a full bath complete the main level. The lower level includes a great family room, laundry facilities, and a half bath. Finished with ceramic tile floors and oak wainscoting, this space is perfect for movie nights or a home office. The private patio opens on to a level and expansive, tree-lined backyard. The outdoor space is ideal for entertaining, gardening, or simply enjoying nature. Only minutes from Route 17, this home is a great commuter location. Don't miss the opportunity to make this home your own!
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| Jun 24, 2015 | Sold | ||
| Sold | |||
| Apr 7, 2015 | Listed by BHG Real Estate Green Team | $222,700 | |
| Listed by BHG Real Estate Green Team | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017