9 Echo Ridge Road
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 |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Dec 22, 2023 | Listed by Platinum Realty Associates | $849,999 | |
| Listed by Platinum Realty Associates | |||
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Finally! A Home in Echo Ridge area! Step into this charming split-level home nestled in the heart of Airmont, NY, offering a generous 2000 square feet of living space. This 3-bedroom, 1.5-bathroom residence is just waiting to be discovered. Enter into foyer leading to spacious living room and formal dining room with gleaming hardwood floors. Enjoy cooking in the bight white eat-in kitchen complete with hi-hats, abundant cabinetry, wall oven, dishwasher, and walkout to expansive backyard. Enjoy hosting inside and out, with beautiful deck and gorgeous flat backyard with private patio area, perfect for gatherings or quiet relaxation. Upper-level offers 3 sun-filled bedrooms including master bedroom with Jack-and-Jill bathroom and two generously sized closets. Lower-level boasts large family room with walkout to patio, half bath, laundry room, and a charming bar area. Abundant storage options with a 1 car garage and an unfinished basement with lots of potential to finish into additional living space. Other amenities to this home include central air conditioning, a new hot water heater, updated deck, a replaced garage door, a spacious attic, and more. Don't miss the chance to experience this inviting home! Schedule your viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017