25 Echo Lane
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 20, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jul 14, 2024 | Listed by Edwards Properties | $499,000 | |
| Listed by Edwards Properties | |||
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Accepted offer 7/20.....Mid-century modern with peekaboo views of the Hudson River! If you are looking for something that is not your typical raised ranch or colonial, come see 25 Echo! Wood fireplace with insert provides warmth and ambience for those cold winter months, partially finished basement offers an alternative space for a laundry room, or rec room, with plenty of room for storage. Large windows, bright spaces, oversized deck, first floor bedroom and bathroom, mature landscaping, and the perfect location for commuting, come see your new home! Roof was done in 2013, main floor bath remodeled in 2018, soft water system installed 2019.
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| Jun 15, 2017 | Sold | ||
| Sold | |||
| Jan 1, 2017 | Listed by Edwards Properties | $262,900 | |
| Listed by Edwards Properties | |||
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Address: 335 Madison Avenue, New York, NY 10017