22 Algonquin Avenue
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by William Raveis R.E. & Home Services | $1,099,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Fall in love with 22 Algonquin Avenue! Meticulously maintained Salt Box Colonial located in the highly desirable Indian Ridge neighborhood is walking distance to Sanborn Elementary & the pool & golf course at Indian Ridge Country Club. Sited on a generous lot, the beautifully landscaped grounds showcase vibrant flowering shrubs & perennials, a patio & plentiful space! Inside, find a renovated kitchen w/Miele appliances, hickory floors, center island & WoodMode cabinets. Mudroom off the 2 car garage has vaulted ceiling w/a skylight, access to backyard & large closet. An office, formal dining room, fireplaced family room, living room & foyer with wide panel pine floors round out the main level. Upstairs, find the primary ensuite w/ WIC, 3 bedrooms, a study, full bath & laundry room. Partially finished LL has a kitchenette & large bonus space. Additional features include whole house water filter, central air & robotic lawn mowers. Close proximity to Rt 93, 495 & downtown. Don't miss out!
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| Jul 24, 2002 | Sold | ||
| Sold | |||
| Aug 15, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017