21
Map
228 Algonquin Trl #228
About This Property
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/30/2025
|
2 Bed
|
2 Bath
|
2159 ft²
|
$660,000
2 Bed
2 Bath
2159 ft²
|
$670,000
+1.52%
06/13/2025
|
Noreen Boyce
Advisors Living - Weston
| |
|
02/11/2021
|
2 Bed
|
3 Bath
|
2113 ft²
|
$425,000
2 Bed
3 Bath
2113 ft²
|
$472,500
+11.18%
04/22/2021
|
Michelle Quinn
Keller Williams Realty
| |
|
05/19/2016
|
2 Bed
|
2 Bath
|
2113 ft²
|
$359,900
2 Bed
2 Bath
2113 ft²
|
$365,000
+1.42%
07/15/2016
|
Craig Morrison
Realty Executives Boston West
| |
|
09/29/2008
|
2 Bed
|
3 Bath
|
2113 ft²
|
$359,000
2 Bed
3 Bath
2113 ft²
|
$346,000
-3.62%
10/30/2008
|
Nan Ohearn
Dewolfe-Natick
| |
|
06/06/2005
|
2 Bed
|
3 Bath
|
2015 ft²
|
$419,900
2 Bed
3 Bath
2015 ft²
|
$419,900
07/28/2005
|
Eileen Fitzpatrick
RE/MAX Traditions, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017