345 N Echo DRIVE
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 6, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by REDFIN CORPORATION | $289,900 | |
| Listed by REDFIN CORPORATION | |||
| Dec 7, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by OPENDOOR BROKERAGE LLC | $250,000 | |
| Listed by OPENDOOR BROKERAGE LLC | |||
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One or more photo(s) has been virtually staged. Come see this charming home now on the market! Check out this stunner! Enjoy cooking in this stylish kitchen with dual ovens, bright ample cabinetry and generous counter space, great for food preparation. Easily flow from room to room with this great floor plan. The main bedroom and bathroom give you the perfect space for everyday living. Lush green landscape surrounds this beautiful house. Hurry, this won’t last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017