89 Echo Avenue
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Price Decreased |
$499,000
↓ $21K
(4%) | |
| Price Decreased | |||
| Feb 3, 2024 | Listed by Exit Realty Achieve | $520,000 | |
| Listed by Exit Realty Achieve | |||
| | |||
|
4 bedroom, 2 Full Bath 1970 Ranch, larger than it appears, Original owner. Welcome into the living room with wood burning stove. Living Room is open to the Formal Dining room. The Eat in Kitchen has gas/propane stove/oven, adjacent to the Kitchen is the Den with windows and door to the back yard. Main Bedroom has a full Bath, plus 3 additional bedrooms and full bath all on the same level. Original hardwood flooring throughout. Full size unfinished basement with washer, dryer, utilities,oil tank, and outside entrance through garage. Sold As Is.
| |||
| Jan 20, 2024 | Listed by Exit Realty Achieve | $499,000 | |
| Listed by Exit Realty Achieve | |||
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About Miller Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017