415 Echo Lane #1
About This Property
The manager has listed the unit size as 813 square feet.
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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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Listed | $129,900 | |
| Listed | |||
| | |||
|
WOW, this well priced, potential-packed, 1st floor condo nestled within the esteemed 204 school district is ready to be revitalized to reflect your unique style! As you enter, notice the huge living space and large window for great natural light. The kitchen features light countertops and cabinets and opens to an eat-in area with a new sliding glass door to the back private patio. The bathroom has a new vanity with a sleek, clear bowl sink and a shower with tub. The 2 spacious bedrooms have large closets. Best of all...IN UNIT laundry with brand new washer and dryer! There is a storage unit on the 2nd floor. Monthly HOA payment includes water, heat, gas, garbage, 2 exterior parking spaces (very close to the unit). DON'T MISS OUT!
| |||
| Sep 29, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $87,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/04/2024
|
2 Bed
|
1 Bath
|
813 ft²
|
$129,900
2 Bed
1 Bath
813 ft²
|
$143,501
+10.47%
08/05/2024
|
Cori Michael
Nest Equity Realty
| |
|
08/23/2018
|
2 Bed
|
1 Bath
|
813 ft²
|
-
2 Bed
1 Bath
813 ft²
|
-
-
|
-
| |
|
06/05/2018
|
2 Bed
|
1 Bath
|
813 ft²
|
-
2 Bed
1 Bath
813 ft²
|
-
-
|
-
| |
|
01/18/2017
|
2 Bed
|
1 Bath
|
813 ft²
|
$84,900
2 Bed
1 Bath
813 ft²
|
$78,000
-8.13%
03/29/2017
|
Matthew Trusk
RE/MAX of Naperville
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017