118 Algonquin Trl #118
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 28, 2013 | Sold | ||
| Sold | |||
| Jan 29, 2013 | Listed by Coldwell Banker Realty - Framingham | $287,500 | |
| Listed by Coldwell Banker Realty - Framingham | |||
| | |||
|
Gorgeous "Coach" style townhouse. Bright and open floorplan. Large eat in kitchen with corian counters and tons of cabinets. Living room with gas fireplace. Huge master bedroom suite with cathedral ceilings, fireplace, & sitting area. Beautiful private master bath with jacuzzi, shower, double sinks and fireplace. 2nd bedroom with full bath. 3rd floor loft space makes great office area. 2 Car garage, central air and central vac. Sellers can accommodate a mid March closing.
| |||
| Jul 30, 2007 | Sold | ||
| Sold | |||
| May 10, 2007 | Listed by Realty Executives Boston West | $339,900 | |
| Listed by Realty Executives Boston West | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/29/2013
|
2 Bed
|
3 Bath
|
1750 ft²
|
$287,500
2 Bed
3 Bath
1750 ft²
|
$280,000
-2.61%
03/28/2013
|
Chris Petersen
Coldwell Banker Realty - Framingham
| |
|
05/10/2007
|
2 Bed
|
3 Bath
|
1750 ft²
|
$339,900
2 Bed
3 Bath
1750 ft²
|
$333,000
-2.03%
07/30/2007
|
Craig Morrison
Realty Executives Boston West
| |
|
06/13/2003
| |
2 Bed
|
3 Bath
|
1800 ft²
|
$360,000
2 Bed
3 Bath
1800 ft²
|
$351,000
-2.50%
07/10/2003
|
Ron Covell
Re/max Realty Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017