13
Map
115 Algonquin Terrace
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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by RE/MAX Aerospace Realty | $499,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Beachside Beauty in Indian Harbour Beach - Tropical Courtyard Oasis on Expansive Lot! Welcome to your private slice of paradise in the highly sought-after beachside community of Indian Harbour Beach. Nestled on an enormous, lushly landscaped lot, this charming home combines timeless appeal with modern upgrades delivering comfort, character, & a tropical atmosphere. Enter through a beautifully landscaped path into your own serene courtyard retreat, where Italian tile flows seamlessly from the interior, creating a true indoor-outdoor living experience. With 3 bedrooms & 2 baths, this home offers a light-filled open floor plan designed for relaxed living & effortless entertaining. The updated kitchen is a chef's dream, featuring rich wood cabinetry, granite countertops, & new KitchenAid stainless-steel appliances. The spacious owner's suite opens via French doors to the serene courtyard & includes a lovely ensuite with newer split vanities. A private hallway leads to two guest bedrooms & a full guest bath, offering privacy & flexibility for family or visitors. Additional highlights include: One consistent flooring throughout - Italian tile throughout home & courtyard, fully fenced backyard with a heavy-duty gate & stainless-steel hardware, oversized detached two-car garage with custom shelving, full roof replacement, including plywood (2021), beachside-rated A/C (2023), new water heater (2024), freshly painted interior and exterior, impact-rated exterior doors (2021), fabric hurricane shutters, new washer, dryer, & new irrigation pump (2025)! This is your rare opportunity to own a beautifully maintained beachside property! Just a short stroll or bike ride from the beach, parks, & local dining, this home offers the perfect blend of peaceful retreat & coastal convenience. Don't miss this tropical gem - schedule your private showing today!
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| Sep 5, 2014 | Sold | ||
| Sold | |||
| Jul 28, 2014 | Listed by Atlantic Properties & Inv, Inc | $185,000 | |
| Listed by Atlantic Properties & Inv, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017