38314 ECHOLS ROAD
About This Property
the best fishing and wildlife! Walk out your back door and on to your boat on the private dock with covered
boathouse and lift. New seawall 2023. Screened back porch to enjoy the sun rises and sunsets! So many
upgrades. Anderson windows and doors, whole home generator plug. Pole barn to keep
your boat or motor home from the elements. Come check out this peaceful waterfront home today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 14, 2025 | Listed by BHHS FLORIDA REALTY | $649,900 | |
| Listed by BHHS FLORIDA REALTY | |||
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by BHHS FLORIDA REALTY | $525,000 | |
| Listed by BHHS FLORIDA REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017