4 Echo Lane
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 |
|---|---|---|---|
| May 30, 2018 | Sold | ||
| Sold | |||
| Jan 28, 2018 | Listed by William Raveis Real Estate | $249,000 | |
| Listed by William Raveis Real Estate | |||
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Always dreamed of a little place to 'hang your hat' and enjoy the day at the beach, swimming, kayaking and sunning? Look no more, this adorable cape style property in private community, Candlewood Echoes, says 'Welcome Home' the moment you arrive with lovely curb appeal, a freshly painted exterior, level land/double lot with plenty of space to enjoy a BBQ, play ball and entertain! Warm and inviting, spacious living room, bedroom and updated eat-in-kitchen with stainless. The upper level has two bedrooms. The lower level mechanicals, laundry area and garage - new garage door and new above ground oil. A quiet street, small waterfront community with private beach, water access and community boats to enjoy the day in the sun. 60 minutes to Manhattan, close to in-town shopping and schools, minutes from major highways (CT's 84, Rt 7, Federal Road, NY's 684 & 22) and MetroNorth trains, hiking, biking and year-round fun at the pond & lake. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached, ConstructionDescription: Wood Siding,
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| Jan 8, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017