205 Algonquin #205
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 |
|---|---|---|---|
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 21, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Oct 15, 2024 | Listed by StartPoint Realty | $624,900 | |
| Listed by StartPoint Realty | |||
| | |||
|
Enjoy this lovely corner unit with lots of updates!!! Updates include the spacious open concept kitchen with center Island and stainless steel appliances, newly replaced vinyl windows offer lots of natural light and energy efficiency, gas furnace and A/C unit, water heater, 1st floor 1/2 bath and second floor bathroom. The living room offers beautiful hardwood flooring and a gas fireplace to relax on a cool day. The large bay windows in the foyer let in lots of natural light. The spacious primary bedroom has vaulted ceilings and a double sided gas fireplace which connects to the large ensuite bathroom with jetted soaker tub to create the ultimate at home oasis. The second bedroom is large with an ensuite bathroom, and LVP, and vaulted ceilings. The lowest level offers a bonus office/ recreation room for easy access to the laundry area and entrance to the garage. This unit is a commuters dream with access to the commuter rail, shops, restaurants, hiking, walking trails and more.
| |||
| Jun 30, 2015 | Sold | ||
| Sold | |||
| Apr 6, 2015 | Listed by Realty Executives Boston West | $289,900 | |
| Listed by Realty Executives Boston West | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/15/2024
|
2 Bed
|
3 Bath
|
1850 ft²
|
$624,900
2 Bed
3 Bath
1850 ft²
|
-
-
|
Sharon Ridley
StartPoint Realty
| |
|
04/06/2015
|
2 Bed
|
2 Bath
|
1850 ft²
|
$289,900
2 Bed
2 Bath
1850 ft²
|
$294,900
+1.72%
06/30/2015
|
Nancy Leary
Realty Executives Boston West
| |
|
06/11/2006
|
2 Bed
|
3 Bath
|
1850 ft²
|
$334,900
2 Bed
3 Bath
1850 ft²
|
$325,000
-2.96%
12/15/2006
|
Nancy Leary
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017