4227 Echo Clearing Court
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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | In contract | - | |
| In contract | |||
| Jan 1, 2024 | Listed by Savvy Way Realty | $324,900 | |
| Listed by Savvy Way Realty | |||
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Beautifully remodeled home priced at $101 per sqft ft. Don't let this one get away. Home features new quartz countertops in the bathrooms and granite in the kitchen. New LVP flooring in the living areas and tile in all wet areas. In addition to new appliances, new carpet has been installed upstairs. On the exterior there are 2 covered patios, underground sprinkling, gutters and security system with cameras.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017