115 Algonquin Trail #115
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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | In contract | - | |
| In contract | |||
| Feb 1, 2023 | Listed by Boston Suburbs Real Estate | $550,000 | |
| Listed by Boston Suburbs Real Estate | |||
| | |||
|
Immaculate, spacious & bright townhouse in highly desirable Ashland. This beautiful unit offers all the modern amenities a buyer could want. Magnificent 2 story foyer. Open floor plan w/large spacious eat-in kitchen w/breakfast bar & exterior access to the deck. Kitchen extends to a dining area & living room w/gas fireplace. The second floor hosts a master suite & guest room, both bedrooms feature cathedral ceilings, ceiling fan and a full bath. Luxurious master bedroom, large sitting area, dual sided fireplace in between master bed and bath, master bath w/double sink vanity, jacuzzi tub, stand-up shower and lots of closets. The lower level offers a laundry room, access to the garage and a bonus room that could be used as home office or gym. Garage features 2 car-tandem.
| |||
| Jul 27, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by RE/MAX Executive Realty | $409,500 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2023
|
2 Bed
|
3 Bath
|
2096 ft²
|
$550,000
2 Bed
3 Bath
2096 ft²
|
$550,000
03/24/2023
|
Jeffrey Hoess Brooks
HB Real Estate, LLC
| |
|
05/20/2020
|
2 Bed
|
3 Bath
|
2050 ft²
|
$409,500
2 Bed
3 Bath
2050 ft²
|
$400,000
-2.32%
07/27/2020
|
Corinne Fahey
Trust Realty One
| |
|
08/26/2016
|
2 Bed
|
3 Bath
|
2050 ft²
|
$344,900
2 Bed
3 Bath
2050 ft²
|
$340,000
-1.42%
11/10/2016
|
Andrea Furtado
Fafard Real Estate
| |
|
07/13/2004
|
2 Bed
|
3 Bath
|
1900 ft²
|
$359,900
2 Bed
3 Bath
1900 ft²
|
$359,900
08/27/2004
|
Sharlene Burgess
Coleman & Sons Real Estate
| |
|
02/12/2001
|
2 Bed
|
3 Bath
|
2056 ft²
|
$309,900
2 Bed
3 Bath
2056 ft²
|
$309,900
03/30/2001
|
Wendy Butler
29 Realty Group, Inc.
| |
|
10/09/1998
|
2 Bed
|
3 Bath
|
2200 ft²
|
$223,900
2 Bed
3 Bath
2200 ft²
|
$217,500
-2.86%
12/18/1998
|
Wendy Butler
29 Realty Group, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017