960 Echo Ridge Drive #956
About This Property
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Cap Rate Calculator
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 26, 2023 | No longer available | - | |
| No longer available | |||
| Oct 15, 2023 | Relisted | $21,000 | |
| Relisted | |||
| Oct 13, 2023 | No longer available | - | |
| No longer available | |||
| Sep 30, 2023 | Listed | $21,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/30/2023
|
Loft
|
-
|
-
|
$21,000
Loft
-
|
-
-
|
Kimberly Darling
BHHS C Dan Joyner - Pelham
| |
|
06/06/2023
| |
Loft
|
-
|
-
|
$25,000
Loft
-
|
$18,500
-26.00%
07/18/2023
|
LARISA MALIKOV
THE PONCE REALTY GROUP, LLC. 2
|
|
11/02/2021
| |
Loft
|
-
|
-
|
$28,000
Loft
-
|
$24,000
-14.29%
05/13/2022
|
ENNA DEANE
REALTY ONE GROUP FREEDOM
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017