60 Echo Cove Rd
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 |
|---|---|---|---|
| Aug 12, 2016 | Sold | ||
| Sold | |||
| May 1, 2014 | Listed by William Raveis R.E. & Home Services | $699,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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SHORT SALE!!! DRASTIC PRICE REDUCTION OF $100,000 DOLLARS !!! BRING OFFER!!Spacious colonial in private neighborhood situated on 4 acres. Open concept floor plan.The designer kitchen is inviting with new cherry cabinets,rich granite,updated SS appliances incl gas cooktop, double oven, ref,compactor,microw with the bonus of an oversized pantry. The open foyer welcomes guests yet allows for privacy in first floor office, warm living room with gas fireplace and formal dining room. The breakfast area opens to sun room and french door to deck and manicured yard.Coffered ceilings, wood fireplace and colonial styled mantel invites friends to enjoy expansive family room.Four bedrooms upstairs, include a large bright master suite with cathedral ceiling, marble bath with oversized closets.Numerous amenities include central A/C & vac,security system,oversized garage. The lower level is partially finished with extra room for a home gym, game room and more
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| Dec 19, 2005 | Sold | ||
| Sold | |||
| Jul 13, 2005 | Listed by Coldwell Banker Residential Brokerage - Beverly | $1,035,000 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017