1084 E Algonquin 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 |
|---|---|---|---|
| Jan 4, 2021 | Sold | ||
| Sold | |||
| Sep 19, 2020 | Listed by arhome realty | $375,000 | |
| Listed by arhome realty | |||
| Feb 4, 2019 | No longer available | - | |
| No longer available | |||
| Nov 25, 2018 | Price Increased |
$215,000
↑ $30K
(16.2%) | |
| Price Increased | |||
| Nov 18, 2018 | Listed | $185,000 | |
| Listed | |||
| | |||
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Any offer short of list price will result in a short sale - 215k is firm. Bring your ideas and your offers! Great bones on this ~1350sqft all brick 3BR ranch on tree-lined Algonquin Road. 5y/o roof and windows, new hot water heater and AC, upgraded plumbing and 200amp electrical system. This home is in need of some updating, a fantastic value for a savvy buyer. The manager has listed the unit size as 1368 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017