198 Algonquin Trail #198
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 |
|---|---|---|---|
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Aug 8, 2018 | Listed by Leading Edge Real Estate | $389,900 | |
| Listed by Leading Edge Real Estate | |||
| Mar 31, 2009 | Sold | ||
| Sold | |||
| Oct 16, 2008 | Listed by RE/MAX Executive Realty | $315,000 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Immaculate townhouse in Village of Westerly with private location. Large open bright kitchen with corian counters that lead into a very spacious and inviting living room with gas fireplace. New ceramic tile floors in all the baths and foyer. New wall to wall carpet throughout Luxurious master suite with cathedral ceilings, large sitting area, walk in closet, gas fireplace, double sinks, jacuzzi tub and seperate shower. 2 bedroom with full bath. Loft area great for an office.Finished lower level
| |||
| Mar 9, 2005 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/08/2018
|
2 Bed
|
3 Bath
|
2053 ft²
|
$389,900
2 Bed
3 Bath
2053 ft²
|
$410,000
+5.16%
09/28/2018
|
Diane Sullivan
Coldwell Banker Realty - Framingham
| |
|
10/16/2008
|
2 Bed
|
2 Bath
|
2200 ft²
|
$315,000
2 Bed
2 Bath
2200 ft²
|
$315,000
03/31/2009
|
Matthew Gamache
Touchstone Realty
| |
|
01/26/2005
|
2 Bed
|
3 Bath
|
2053 ft²
|
$386,900
2 Bed
3 Bath
2053 ft²
|
$384,000
-0.75%
03/09/2005
|
Nan Ohearn
Dewolfe-Natick
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017