816 Echo Lane
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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%.
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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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 23, 2024 | Listed by @properties Christie's International Real Estate | $949,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Sep 12, 2024 | Listed by @properties Christie's International Real Estate | $995,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Stunning contemporary home in premier East Glenview/ New Trier location. This meticulously maintained 4 bedroom, 3.1 bath home features a flexible main floor layout with living room, dining room and family room leading to an awesome enclosed porch and newer eat-in kitchen with custom Amish cabinetry and granite countertops. The second level features a spacious primary suite and bath with whirlpool tub, large walk-in closet and attached sitting room plus 3 additional bedrooms and hall bath. The lower level features a large recreation area and great storage space. Additional amenities include hardwood floors on the main floor, wood burning fireplace, skylights in the gracious foyer, stairwell, bathrooms and enclosed porch. There's a main floor mudroom with laundry and gorgeous professionally landscaped front and back yards with trex decking. Newer roof, windows, whole house generator and 2.5 car attached garage with additional storage. Fantastic location, walk to Cunliff Park, Forest Preserve bike & walking trails, quick access to I-94 and in award winning Romona & New Trier School Districts.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017