37 Echo Lane
About This Property
Nestled in the charming hamlet of Balmville, this beautifully maintained mid-century ranch offers a rare blend of timeless design and breathtaking natural surroundings. Set on nearly 2 acres of meticulously landscaped grounds, the property captures unobstructed views of the Hudson River and the iconic Newburgh-Beacon Bridge-providing a daily panorama of sunrise serenity and evening sparkle.This home features 3 bedrooms and 2 full bathrooms, thoughtfully maintained with modern amenities, while preserving the clean lines and open flow that define mid-century architecture. Expansive windows flood the living spaces with natural light and frame postcard-worthy views from nearly every angle. A large living room with a fireplace opens to a spacious dining area and an inviting kitchen-perfect for both quiet mornings and entertaining. Outdoors, enjoy privacy from your screened patio or beautifully new deck, mature landscaping,and rolling lawns that gently slope toward a breathtaking Hudson River view. Whether you're hosting under the stars, gardening, or simply soaking in the view,the setting is nothing short of spectacular.Located just minutes from Newburgh's waterfront, the Beacon train station, and the vibrant arts and dining scene, this is Hudson Valley living at its finest-stylish, serene, and truly one-of-a-kind.
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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 27, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Apr 12, 2025 | Listed by BHHS Hudson Valley Properties | $739,900 | |
| Listed by BHHS Hudson Valley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017