174 Algonquin Trail #174
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 |
|---|---|---|---|
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | In contract | - | |
| In contract | |||
| Apr 13, 2023 | Listed by William Raveis R.E. & Home Services | $535,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This stunning townhouse with a fabulous open floor plan is the one you have been waiting for! This gorgeous home boasts spacious rooms, high ceilings, modern finishes, and plenty of natural light. The family room/dining room with gleaming hardwood floors, gas fireplace and oversized windows opens directly to the updated kitchen with newer stainless steel appliances, shaker style cabinets and center island. The 2nd floor has two large bedrooms with dramatic vaulted ceilings and en-suite baths. The see-through gas fireplace and separate sitting area in the main bedroom adds to the ambience of this room. 3rd floor loft area with skylight is a perfect office space or reading nook. Partially finished lower level adds additional living space. 2 car tandem garage, newer roof, furnace, windows, C/A, hardwood floors, solid doors and more! An incredible home!
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| Oct 13, 2016 | Sold | ||
| Sold | |||
| Aug 17, 2016 | Listed by RE/MAX Executive Realty | $354,900 | |
| Listed by RE/MAX Executive Realty | |||
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A little bit of city style in the suburbs. Contemporary townhome in desirable complex, boasts a 2 story entry with upscale metropolitan feel. Huge, cabinet packed kitchen with breakfast island, solid surface counters, and a pantry closet. Front to back family/dining room with newer laminate flooring, and a corner gas fireplace. Generous size space, great for entertaining or relax in. Luxurious master with double closets, wonderful natural light and bath with a jetted tub, a separate tiled shower, and double sided gas fireplace. The 2nd bedroom offers a private bath and great closet space. Additional bonus space in loft area perfect for office quiet reading/resting nook or occasional house guest . Lower level recently finished, used as 2nd family room or could be an exercise or play room 2 car tandem garage conveniently accessed from first level. Minutes to shopping, commuter rail and schools.
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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 |
|---|---|---|---|---|---|---|---|
|
04/13/2023
|
2 Bed
|
3 Bath
|
1880 ft²
|
$535,000
2 Bed
3 Bath
1880 ft²
|
$560,000
+4.67%
06/05/2023
|
KiranKumar Gundavarapu
Desi Prime Realty, LLC
| |
|
08/17/2016
|
2 Bed
|
3 Bath
|
1900 ft²
|
$354,900
2 Bed
3 Bath
1900 ft²
|
$357,900
+0.85%
10/13/2016
|
Maria Varrichione
RE/MAX Executive Realty
| |
|
01/10/2004
|
2 Bed
|
3 Bath
|
1750 ft²
|
$359,900
2 Bed
3 Bath
1750 ft²
|
$353,500
-1.78%
04/02/2004
|
John Szolomayer
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017