290 Echo Cove Rd
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 |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by Compass | $1,250,000 | |
| Listed by Compass | |||
| Dec 16, 2020 | Sold | ||
| Sold | |||
| Sep 14, 2020 | Listed by Coldwell Banker Realty - Wellesley | $925,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
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Vacation in this year round home with private dock for boating and swimming in Chebacco Lake. Extensive 2017 renovations include new roof, siding, 3 tiered retaining wall, Anderson windows & sliders, seamless gutters, 2 level deck for great lakefront outdoor living! Interior also fully renovated with custom kitchen, center island and open floor plan to accommodate dining and living areas. Large gas fireplace, quality moldings & wainscoting and lofted ceilings make the great room exceptional along with the commanding views through glass doors that lead to a full length deck. Master bedroom and full bathroom complete the upper level. Great single floor living with guest space below. The lower level family room walks out to the covered deck and yard. Two bedrooms with large closets and a full bath & laundry provide nice separation and privacy from upper level. Additional 3-4 car parking area on street level. Nestled into the hillside on 100' of lakefront, this home is a perfect get away!
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| Jul 25, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017