225 Algonquin Trl #225
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 |
|---|---|---|---|
| Oct 7, 2013 | Sold | ||
| Sold | |||
| Jul 24, 2013 | Listed by Realty Executives Boston West | $319,918 | |
| Listed by Realty Executives Boston West | |||
| | |||
|
OPEN HOUSE CANCELLED --- OFFER ACCEPTED----OPEN HOUSE CANCELLED---- Motivated seller reduced the price on this Rare, Private & extra spacious Centurian model with 2 bedrooms, oversized loft, finished lower level & 2.5 baths. Updates laminate flooring in dining area, some newer windows, & high-end stainless appliances; Fin. LL w/daylight window & closet perfect for guest room/office/excercise area. 2 fireplaces, Huge family & living rooms, Desirable 1st floor laundry, washer/dryer included. 2 car garage with newer quiet opener; Private deck, Close to Commuter Rail, Major Routes, Restaurants, Shopping and so Much MORE!
| |||
| Aug 19, 2011 | Sold | ||
| Sold | |||
| Jun 22, 2011 | Listed by ERA Key Realty Services- Milf | $329,900 | |
| Listed by ERA Key Realty Services- Milf | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/24/2013
|
2 Bed
|
2 Bath
|
2306 ft²
|
$319,918
2 Bed
2 Bath
2306 ft²
|
$316,500
-1.07%
10/07/2013
|
Anne Silverman
LAER Realty Partners
| |
|
06/22/2011
|
2 Bed
|
3 Bath
|
2406 ft²
|
$329,900
2 Bed
3 Bath
2406 ft²
|
$320,500
-2.85%
08/19/2011
|
Deborah Nickerson
Group One Realtors
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017