16 Algonquin Trail #16
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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $439,500 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Aug 29, 2016 | Sold | ||
| Sold | |||
| Jul 13, 2016 | Listed by BA Property & Lifestyle Advisors | $329,900 | |
| Listed by BA Property & Lifestyle Advisors | |||
| | |||
|
This is the one you have been waiting for you! Beautiful sun filled 2 bedroom 2.5 bath townhouse. Dramatic two story foyer staircase leads you upstairs to an open floor plan with a gas fireplace living room. Spacious eat in kitchen with lots of cabinet space and large breakfast bar. Luxurious master suite with cathedral ceilings, gas fireplace and plenty of closet space. Second bedroom also has its own full bath and lots of closet space. Finished lower level is perfect for an extra bedroom, office or playroom. Nothing to do but move in!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/14/2021
|
2 Bed
|
3 Bath
|
1850 ft²
|
$439,500
2 Bed
3 Bath
1850 ft²
|
$490,000
+11.49%
05/28/2021
|
David Divecchia
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
07/13/2016
|
2 Bed
|
3 Bath
|
1850 ft²
|
$329,900
2 Bed
3 Bath
1850 ft²
|
$333,000
+0.94%
08/29/2016
|
Matthew Gamache
Touchstone Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017