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640 W ECHO Lane
About This Property
If you've been searching for a luxury home that offers genuine privacy, boutique community feel, and urban access -- without compromise -- this is a rare combination. Homes in this enclave rarely come to market.
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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 |
|---|---|---|---|
| May 13, 2026 | Listed by RE/MAX Fine Properties | $1,350,000 | |
| Listed by RE/MAX Fine Properties | |||
| Oct 25, 2025 | Price Decreased |
$1,399,999
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Aug 29, 2025 | Listed | $1,450,000 | |
| Listed | |||
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Welcome to 640 W Echo Lane, Manors at Butler North, Phoenix 85021. 4 bedroom & 4.5 bath home. Luxury gated community in North Central Phoenix with only 10 semi-custom homes surrounding a private green space. This upgraded home features a gourmet kitchen with quartz counters, large island, gas range, walk-in pantry, and abundant cabinetry. Great room offers 10' ceilings, gas fireplace, and floor-to-ceiling windows. Main level includes an ensuite bedroom. Upstairs, the primary suite boasts a spa-like bath with soaking tub, oversized walk-in shower, dual walk-in closets, and his & hers water closets. Additional ensuite bedroom, spacious loft, & oversized laundry with cabinets & sink complete the layout. Backyard retreat includes pool with waterfall, covered patio, grassy area, & shaded spac
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| Mar 24, 2022 | Sold | ||
| Sold | |||
| Dec 18, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About North Mountain
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$4,000 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017