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140 Algonquin Ave
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%.
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 |
|---|---|---|---|
| Jun 13, 2011 | Sold | ||
| Sold | |||
| Mar 13, 2010 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $259,900 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Enjoy beautiful sunset views from your own back yard! This renovated waterfront Cape offers an open floor plan, cathedral ceilings and palladium window allows the light to shine in year round. Back yard with storage shed faces water with a walk out basement complete with work area and sink for expansion. Close to shopping and restaurants at Mashpee Commons.
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| Oct 30, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017