34220 ECHO CT
About This Property
Step back into the family room and relax, watch tv, read a book, play games, or host family gatherings.
Whip up a gourmet meal in the large eat-in kitchen with good storage and all appliances including an extra freezer. Prepare hors d' oeuvres or snacks and easily serve to your company through the convenient pass thru. The primary suite offers privacy and is adjacent to the remodeled bath with soaking tub and separate tiled step-in shower. Multiple skylights throughout offer natural sunlight and warmth. Outside you'll find the large rear deck for relaxing on those warm summer days. This comfortable 3 bedroom, 1.5 bath home is ready for a new owner. Hidden Acres is a quiet community just minutes from the beach and boardwalk. No HOA dues and you own the land. Call today to schedule a visit.
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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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Relisted | $219,000 | |
| Relisted | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Coldwell Banker Realty | $219,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017