386 Echo Lane #3
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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2025
|
2 Bed
|
1 Bath
|
-
|
$170,000
2 Bed
1 Bath
|
$170,000
09/08/2025
|
Jing Wang
Wang J Realty LLC
| |
|
06/28/2024
|
2 Bed
|
1 Bath
|
813 ft²
|
$165,000
2 Bed
1 Bath
813 ft²
|
$152,000
-7.88%
08/12/2024
|
Ahmed Shakir
Keller Williams Premiere Properties
| |
|
01/13/2023
|
2 Bed
|
1 Bath
|
813 ft²
|
$125,000
2 Bed
1 Bath
813 ft²
|
$126,500
+1.20%
01/30/2023
|
Nicole Tudisco
Wheatland Realty
| |
|
10/14/2020
|
2 Bed
|
1 Bath
|
813 ft²
|
$98,000
2 Bed
1 Bath
813 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017