14 Algonquin Drive
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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.
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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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Compass Greater NY, LLC | $1,499,000 | |
| Listed by Compass Greater NY, LLC | |||
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Exceptional and turnkey, this sun-filled 3 (could live like a 4) -bedroom home, nestled on nearly an acre of completely level, private property in the coveted Algonquin neighborhood in the Chappaqua School District, is exactly what you've been waiting for! The expansive sun drenched first floor features an expansive chef's gourmet kitchen open to an oversized family/great room. The spectacular kitchen boasts top-of-the-line stainless appliances, a huge center island with counter seating, a large eating area with a door to the patio and the tranquil backyard, creating a picturesque setting for meals, several counter prep areas, a desk area, and a door the mudroom/garage. The large inviting family room with walls of windows and vaulted ceiling is perfect for entertaining and comfortable living. The first floor also features an expansive dining room with a fireplace, an office, full bath and a cozy living room. The second floor has an expansive, serene primary bedroom suite with beautiful views, two walk-in closets, and a spa-like ensuite bathroom with tub, oversized shower, double sinks and a toilet room. Two charming well-proportioned bedrooms with in-wall custom dressers, window seats, closets and delightful finishes, and a hall bathroom with tub/shower and two sinks complete this level. Meticulously maintained and tastefully updated, with freshly painted interiors, whole house generator, and more! Private completely level property offers wonderful space for entertaining and enjoyment. This home is one of Chappaqua's finest! AO 5/12.
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| Jan 3, 1996 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017