116 Algonquin Street
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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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | Listed by Baird & Warner | $175,000 | |
| Listed by Baird & Warner | |||
| | |||
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Beautifully maintained residence nestled in the heart of Park Forest. This inviting home boasts three generously sized bedrooms and two full bathrooms, providing ample space for family living or guest accommodation. As you step inside, the open concept living room and kitchen immediately captures your attention, creating an ideal environment for entertaining or simply enjoying everyday life. The seamless flow between these areas is accentuated by wood laminate flooring throughout, adding warmth and a touch of elegance to the home. The kitchen is a chef's delight, featuring granite countertops that provide plenty of prep space, and 8 foot island, is complemented by stainless steel appliances for a sleek and functional cooking experience. Whether preparing a meal for two or hosting a gathering, this kitchen meets all your needs with style and efficiency. Outdoor living is just as impressive, with a private backyard offering a peaceful retreat to relax and unwind. It's the perfect spot for weekend barbecues, gardening, or simply soaking up the sun in your personal oasis. Additional highlights include a convenient two-car garage, ensuring ample space for vehicles and storage. Plus, the wood laminate floors not only enhance the aesthetic appeal of the home but also ensure easy maintenance and durability. 116 Algonquin St is more than just a house; it's a place to call home, offering a blend of functionality, style, and comfort. Don't miss out on the opportunity to make it yours. Step closer to finding your dream home and schedule to see this lovely property.
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| Sep 20, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by eXp Realty, LLC | $135,000 | |
| Listed by eXp Realty, LLC | |||
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About Park Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017