292 Echo Circle
About This Property
Located in the sought after Neighborhood of Northgate, this spacious home features lush tropical gardens with an abundance of Palms and a Gunite, Saltwater Pool, heated for those winter days when you still fancy a dip! The remodeled kitchen features Granite counters, stainless appliances, including a Natural Gas Stove and soft close Cabinetry. The home also has a newly updated guest bathroom, a 2020 Roof, 2021 HVAC, newer windows and no carpet! Whilst some TLC and some additional updates would not go amiss, this is a great home with tons of potential in a fabulous neighborhood. Northgate does not have an HOA , but does boast Sidewalks, Streetlights & Underground Utilities!
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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 26, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2023 | No longer available | - | |
| No longer available | |||
| Jul 21, 2023 | Listed by ERA American Real Estate | $399,900 | |
| Listed by ERA American Real Estate | |||
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Imagine a hot sunny summer day and all you want to do is cool down in your own private pool, well now you can! Located in the sought after Neighborhood of Northgate, this spacious home features lush tropical gardens with an abundance of Palms and a Gunite, Saltwater Pool, heated for those winter days when you still fancy a dip! The remodeled kitchen features Granite counters, stainless appliances, including a Natural Gas Stove and soft close upgraded Cabinetry. The home also has a newly updated guest bathroom, a 2020 Roof, 2021 HVAC, newer windows, newly painted exterior and no carpet! Whilst some TLC and some additional updates would not go amiss, this is a great home with tons of potential, in a fabulous neighborhood, near Beaches, bases, shopping and dining. Northgate does not have an HOA, but does boast sidewalks, streetlights & Underground Utilities, plus public sewer/water. The manager has listed the unit size as 1792 square feet.
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| May 24, 2023 | Listed by ERA American Real Estate | $399,900 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017