6705 Echo Canyon Drive
About This Property
The primary bathroom has been stunningly remodeled and features an expansive custom closet with elegant built-in shelving to meet all your storage needs. The executive study, with its beautifully built-in and intricately carved ceiling moldings, creates an inspiring and sophisticated atmosphere.
Gorgeous hand-scraped hardwood floors add warmth and character to every space, including the dining room, family room, breakfast area, study, and primary suite. The home is hardwired with a Savant System to effortlessly control music and television at the touch of a button. Upstairs, you'll find three generously sized bedrooms along with a sprawling game room and a media room equipped with high-definition equipment and a large screen-perfect for movie nights or watching the big game.
Residents of Lakeside Crossing enjoy access to the amenities of Stonebridge Ranch, including swimming pools, a beach club, and tennis and pickleball courts. This home truly embodies the essence of luxury living. A complete list of upgrades is available on the MLS transaction desk or upon request.
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$895,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Aug 23, 2025 | Price Decreased |
$900,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Jun 26, 2025 | Price Decreased |
$915,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017