4831 Echo Bay Drive
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, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by RE/MAX ONE - Premier | $305,000 | |
| Listed by RE/MAX ONE - Premier | |||
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This home is the perfect layout! 4 bedrooms, 3 full baths, media room, formal dining and an island kitchen that is open to the large living area. Wood like tile in main areas, granite counter tops in kitchen, double sinks in master with a huge walk-in closet plus separate bath and shower. Zoned to the sought after Barbers Hill ISD South. Minutes from all major highways, restaurants and shopping! Don't miss this great opportunity to live in the beautiful and growing Mont Belvieu, Texas!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017