
34
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111 Algonquin Drive
About This Property
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 12, 2025 | Listed by Schermerhorn Realty Group LLC | $249,000 | |
Listed by Schermerhorn Realty Group LLC | |||
Oct 23, 2023 | No longer available | - | |
No longer available | |||
May 28, 2023 | Listed by ALICIA C MILLER REAL ESTATE INC | $225,000 | |
Listed by ALICIA C MILLER REAL ESTATE INC | |||
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This home is located on Algonquin Drive in Wells NY. The home is a
manufactured home and has had many new updates over the years.
Updates include: additions and complete remodeling inside and out
along with new large windows to catch the lake and mountain
views.The home has 3 bedrooms, 1-1/2 baths, with covered and closed
in porches, back patio areas, nice yard and a large 3 bay garage
with a workshop.This wonderful one floor home with spectacular
views must be seen to be appreciated. By…
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/28/2023
| |
3 Bed
|
1.5 Bath
|
1000 ft²
|
$225,000
3 Bed
1.5 Bath
1000 ft²
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Deborah Abbott-Forgione
ALICIA C MILLER REAL ESTATE INC
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Building Info
