218 Algonquin Trail #218
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 |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Redfin Corp. | $477,500 | |
| Listed by Redfin Corp. | |||
| | |||
|
This beautiful Galleria Model Townhouse offers a fantastic location with a private setting. Brazilian Cherry floors grace the bright and sunny living and dining area. The oversized Kitchen offers a Dinette Space, pantry and modern white cabinetry with Stainless Appliances. Lovely hardwood floors throughout continue up the stairway, into hall and bedrooms on the second floor. The Master Bedroom welcomes you in with cathedral ceilings, a 2 sided Fireplace, Sitting area, spacious closets and an updated Master Bathroom. The large second Bedroom with hardwood flooring, vaulted ceiling and its own En-Suite bathroom finish the 2nd Floor. 3rd Floor Loft is a great space for a study or office. The Basement is nicely finished and adds even more room to this home. 2 Car Tandem garage.Great commuter location!
| |||
| Dec 13, 2004 | Sold | ||
| Sold | |||
| Sep 20, 2004 | Listed by RE/MAX Executive Realty | $399,900 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2021
|
2 Bed
|
3 Bath
|
2100 ft²
|
$477,500
2 Bed
3 Bath
2100 ft²
|
$516,000
+8.06%
09/29/2021
|
Shayna Ashton
Keller Williams Boston Metrowest
| |
|
09/25/2015
|
2 Bed
|
3 Bath
|
2100 ft²
|
$359,000
2 Bed
3 Bath
2100 ft²
|
$360,000
+0.28%
01/19/2016
|
Lynne Hofmann Ritucci
Realty Executives Boston West
| |
|
09/20/2004
|
2 Bed
|
3 Bath
|
1963 ft²
|
$399,900
2 Bed
3 Bath
1963 ft²
|
$396,000
-0.98%
12/13/2004
|
John Szolomayer
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017