18 Algonquin Drive
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 |
|---|---|---|---|
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed | $815,000 | |
| Listed | |||
| | |||
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Discover the perfect blend of charm and modern convenience in this contemporary home that’s been recently updated to bring it to the beautiful home it is today. There is an abundance of natural light and a seasonal view looking south to the hills. You’ll discover a new 16x22 deck, new heating system, new AC, new doors and windows, new flooring in the lower level and new carpet.In addition to the 5 bedrooms, the bathrooms have been thoughtfully updated, blending style and functionality. There is a generous sized living room with a cathedral ceiling and fireplace, a sunroom, and a large gourmet kitchen with a walk-in pantry and granite counters with ample seating. This kitchen boasts abundant storage, custom cabinetry, and modern appliances, making meal preparation a delight. Host memorable dinners in the dining room that leads you to a great deck overlooking the peaceful backyard. The finished walkout lower level has a large family room with a bar, a bath and a sauna. The 1.47 acres will provide you with endless opportunities for fun and relaxation with your family and friends. In addition, you are just steps from the hiking trails leading you to Goose Pond and the bike trails. This home’s desirable neighborhood is close to schools, Cheshire Medical Center, shopping, restaurants, and the Keene Country Club, providing convenience at every turn. This is an ideal combination of modern updates, and a convenient location.
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| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by BHG Masiello Keene | $625,000 | |
| Listed by BHG Masiello Keene | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017