116 Algonquin Trl #116
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 |
|---|---|---|---|
| May 19, 2016 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by KW Pinnacle MetroWest | $334,000 | |
| Listed by KW Pinnacle MetroWest | |||
| May 6, 2011 | Sold | ||
| Sold | |||
| Sep 28, 2010 | Listed by Realty Associates | $299,900 | |
| Listed by Realty Associates | |||
| |||
|
Stunning Townhome with soaring ceilings and two story foyer. Light, bright, and open for your enjoyment. Huge kitchen with corian counters, gas stove, dishwasher and disposal. Sliding door off kitchen to a nice deck. Livingroom with built in speakers and a fireplace. Huge master bedroom with full bath, whirlpool, cathederal ceiling, and a double sided fireplace ! Second bedroom has full bath. Lots of closet space. Finished loft area. Finished room in lower level. Two car garage with opener.
| |||
| Apr 28, 2006 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2016
|
2 Bed
|
3 Bath
|
1900 ft²
|
$334,000
2 Bed
3 Bath
1900 ft²
|
$339,000
+1.50%
05/19/2016
|
Matthew Gamache
Touchstone Realty
| |
|
09/28/2010
|
2 Bed
|
2 Bath
|
1850 ft²
|
$299,900
2 Bed
2 Bath
1850 ft²
|
$280,000
-6.64%
05/06/2011
|
Michael Quinn
Realty Associates
| |
|
02/26/2006
|
2 Bed
|
3 Bath
|
1850 ft²
|
$372,500
2 Bed
3 Bath
1850 ft²
|
$372,000
-0.13%
04/28/2006
|
Elaine Davis-Curll
Keller Williams Realty North Central
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017