390 Echo Lane #4
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 28, 2020 | No longer available | - | |
| No longer available | |||
| Aug 7, 2020 | Listed | $89,900 | |
| Listed | |||
| | |||
|
2nd Floor Unit.. 2 Bedrooms, 1 full bath Eat in Kitchen , large living room. Kitchen has Sliding glass door that leads to Deck. Over looks open area and walking path. Much Sought after Naperville 204 schools. In Unit washer/dryer stackable. Includes 2 parking spaces. Association Covers. Gas, Heat, Water, Garbage, 2 parking spaces, lawn care and snow removal. Unit is being sold AS IS! Quick close possible! Easy to Show. Picture coming this afternoon! Great for investors Rentals allowed. The manager has listed the unit size as 813 square feet.
| |||
| Jul 28, 2020 | In contract | - | |
| In contract | |||
| Jul 21, 2020 | Price Decreased |
$91,000
↓ $2K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/27/2023
|
2 Bed
|
1 Bath
|
877 ft²
|
$145,000
2 Bed
1 Bath
877 ft²
|
$143,000
-1.38%
11/28/2023
|
Keerthi Gajula
Coldwell Banker Realty
| |
|
08/04/2023
|
2 Bed
|
1 Bath
|
813 ft²
|
$125,000
2 Bed
1 Bath
813 ft²
|
$132,000
+5.60%
09/29/2023
|
Bryan Hill
eXp Realty, LLC
| |
|
04/30/2020
|
2 Bed
|
1 Bath
|
813 ft²
|
$99,000
2 Bed
1 Bath
813 ft²
|
-
-
|
-
| |
|
07/24/2017
|
2 Bed
|
1 Bath
|
813 ft²
|
$75,000
2 Bed
1 Bath
813 ft²
|
$73,000
-2.67%
08/25/2017
|
Dora Jara
William Harris Group Chicago, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017