419 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 |
|---|---|---|---|
| Mar 18, 2025 | Listed | $589,900 | |
| Listed | |||
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Discover the epitome of rustic elegance with this enchanting home nestled along the serene riverbanks. Boasting vaulted ceilings adorned with exposed beams and a gas stone fireplace, this retreat offers a warm and charming environment. A spacious layout invites relaxation and gatherings, and the gourmet kitchen features granite countertops. Two bedrooms and two baths provide comfortable accommodation, with a loft area offering additional versatility. Enjoy outside dining with breathtaking river views from the expansive wrap-around porch, complete with a cozy hot tub for year-round relaxation. Steps lead down to a private beach area along the riverbank, perfect for picnics, fishing, or simply soaking in the natural beauty. Located in a sought-after community offering a swimming pool, tennis courts, a fitness center, and more. Embrace stunning mountain views and access to nearby restaurants, shops, and cultural attractions, ensuring both convenience and tranquility. Schedule your private tour today and envision the possibilities of riverfront living at its finest.
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| Jul 1, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | No longer available | - | |
| No longer available | |||
| Jun 8, 2022 | Price Decreased |
$574,900
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Jun 7, 2022 | Price Decreased |
$594,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017