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244 Echo Cove Rd
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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 |
|---|---|---|---|
| Oct 14, 2010 | Sold | ||
| Sold | |||
| Jun 9, 2010 | Listed by RE/MAX Advantage Real Estate | $599,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
| Oct 5, 2009 | Listed by Sagan Harborside Sotheby's International Realty | $599,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Waterfront!Private Beach!Beautiful immaculate home on picturesque Chebacco Lake!Newly renovated w/ new Master br suite walk-in closet and fantastic Master bath w/whirlpool tub overlooking lake and a separate curved glass shower!Outstanding year round views.Well supplied irrigation system and water softening and filtration through reverse osmosis syst.Huge rear deck overlooking professionally landscaped grounds leading to dock for your boat,swim or ice skate during the winter!Prof Landscaped!
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| Jun 30, 1989 | Sold | ||
| Sold | |||
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