11905 Algonquin Drive #21
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | Listed by Texas United Realty | $230,000 | |
| Listed by Texas United Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/09/2025
|
3 Bed
|
3 Bath
|
1462 ft²
|
$220,000
3 Bed
3 Bath
1462 ft²
|
$190,000
-13.64%
07/24/2025
|
Truyen Le
ABSOLUTE Realty Group Inc.
| |
|
08/10/2024
|
3 Bed
|
3 Bath
|
1454 ft²
|
$230,000
3 Bed
3 Bath
1454 ft²
|
$230,000
10/30/2024
|
Jenerral Woodson
Texas United Realty
| |
|
06/12/2024
|
3 Bed
|
3 Bath
|
1454 ft²
|
$180,000
3 Bed
3 Bath
1454 ft²
|
$177,000
-1.67%
07/15/2024
|
Jackie Curry
Brooks & Davis Real Estate
| |
|
04/27/2023
|
3 Bed
|
3 Bath
|
1462 ft²
|
$204,500
3 Bed
3 Bath
1462 ft²
|
$195,000
-4.65%
06/21/2023
|
Jessica Shell
Brombacher & Co.
| |
|
03/07/2022
|
3 Bed
|
3 Bath
|
1496 ft²
|
$177,900
3 Bed
3 Bath
1496 ft²
|
$173,000
-2.75%
04/01/2022
|
Keith Buchanan
KMB Realty
| |
|
10/12/2020
|
3 Bed
|
3 Bath
|
1462 ft²
|
$165,000
3 Bed
3 Bath
1462 ft²
|
$160,000
-3.03%
05/14/2021
|
Denese Woodson
Texas United Realty
| |
|
03/09/2019
|
3 Bed
|
3 Bath
|
1496 ft²
|
$140,000
3 Bed
3 Bath
1496 ft²
|
$143,000
+2.14%
04/30/2019
|
Linda Vela
Realty Associates
| |
|
03/04/2019
|
3 Bed
|
3 Bath
|
1496 ft²
|
$145,000
3 Bed
3 Bath
1496 ft²
|
$140,000
-3.45%
04/12/2019
|
Kristi Delafuente
Keller Williams - Houston Clear Lake
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017