50 Echo St
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 7, 2025 | No longer available | - | |
| No longer available | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by RE/MAX Platinum | $475,000 | |
| Listed by RE/MAX Platinum | |||
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***Back on the market due to buyer financing***Welcome to 50 Echo Street! Step into the light-filled kitchen, adorned with light-colored granite countertops, a breakfast bar, stainless steel appliances, and pristine white cabinetry. Throughout the first floor, gleaming hardwood flooring adds a touch of sophistication. Unwind in the spacious sunroom or family room, or cozy up by the warm fireplace in the living room. Three ample bedrooms offer plenty of space for rest, with an updated bathroom. Below, a fully finished basement with BONUS ROOM extends your living area with carpeted floors, abundant storage, a full bath, and walk-out access to the fenced backyard. Don't let this opportunity slip away!**Value Range Priced. Seller will negotiate offers between***$475,000 - 515,000.***
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| Dec 27, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by RE/MAX Executive Realty | $325,000 | |
| Listed by RE/MAX Executive Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017