2300 Algonquin Road #3
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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by Illinois Real Estate Partners Inc | $169,999 | |
| Listed by Illinois Real Estate Partners Inc | |||
| | |||
|
First bldg on the property, Cozy top floor end unit 2 bed 1 bath condo nestle by a beautiful courtyard and many other amenities. 2 story split Condo for townhouse style living, spacious living and dining room with lots of sunshine and attached balcony *ample bedrooms with closets on the upper floor *3rd portable A/C* living and dining and kitchen on the main level. Enjoy the park with playground and tennis court within walking distance. HOA includes heat, water and gas. Laundry in building* includes one parking spot and storage. Come and see Make an Offer
| |||
| Dec 7, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Price Decreased |
$164,000
↓ $5K
(3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/26/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$169,999
2 Bed
1 Bath
1000 ft²
|
$164,000
-3.53%
04/24/2025
|
Monika Daker
Illinois Real Estate Partners Inc
| |
|
05/04/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Enrique Aguilar
REMAX Horizon
| |
|
07/19/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$175,000
2 Bed
1 Bath
1000 ft²
|
$170,000
-2.86%
10/01/2024
|
Leslie Hobbs
RE/MAX Professionals Select
| |
|
08/11/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$129,900
2 Bed
1 Bath
1000 ft²
|
$140,000
+7.78%
10/26/2023
|
Alam Chunawala
Coldwell Banker Realty
| |
|
08/11/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$169,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Monika Daker
Illinois Real Estate Partners Inc
| |
|
06/15/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$140,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Fahmida Ahmed
Keller Williams ONEChicago
| |
|
08/25/2019
|
2 Bed
|
1 Bath
|
-
|
$94,900
2 Bed
1 Bath
|
-
-
|
-
| |
|
05/03/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$113,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017