7516 ECHO TRL
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 |
|---|---|---|---|
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | Listed by Phyllis Browning Company | $249,000 | |
| Listed by Phyllis Browning Company | |||
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Welcome to this remarkable ranch-style home that is now available. Built in 1984, this house is charming and offers a multitude of features that are sure to capture your attention. Some of the standout features to this property are the inviting covered front porch, which provides the perfect spot to relax and enjoy your beautiful surroundings and a covered back porch where you can unwind and entertain guests. Inside you'll see a kitchen that has been thoughtfully updated with modern touches and attention to detail to make this space a true culinary haven. There has been new carpet installed in the bedrooms, providing a cozy atmosphere. The home has three bedrooms, and two bathrooms offering convenience and functionality, ensuring that everyone's needs are met. Located in a desirable neighborhood, this property offers the best of both worlds - a peaceful retreat away from the hustle and bustle, yet still conveniently close to amenities, schools, and parks. Don't miss out on the chance to make this your own. Schedule a viewing today and let this house welcome you home.
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| Nov 6, 2013 | Sold | ||
| Sold | |||
| Mar 14, 2013 | Listed by Home Team of America | $97,000 | |
| Listed by Home Team of America | |||
| Jun 29, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017