2304 ALGONQUIN Road #6
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2019 | No longer available | - | |
| No longer available | |||
| Feb 17, 2019 | No longer available | - | |
| No longer available | |||
| Feb 15, 2019 | Listed | $89,900 | |
| Listed | |||
| | |||
|
Come take a look at this spacious 2 bedroom 1 bath unit near Route 53 and I-90, close to Woodfield mall, updated bathroom, storage room in basement, association dues includes heat and water, common insurance, stop paying rent and enjoy the pride of ownership.
| |||
| Sep 26, 2018 | Listed | $92,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/25/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
$153,650
+2.50%
07/24/2025
|
Enrique Aguilar, ABR,SFR
RE/MAX Horizon
| |
|
01/26/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$137,500
2 Bed
1 Bath
1000 ft²
|
$135,000
-1.82%
03/17/2023
|
Michael Spejcher
RE/MAX Central Inc.
| |
|
09/28/2022
|
2 Bed
|
1 Bath
|
720 ft²
|
$99,900
2 Bed
1 Bath
720 ft²
|
$90,000
-9.91%
11/10/2022
|
Alicia Aviles
Homesmart Connect LLC
| |
|
04/12/2019
|
2 Bed
|
1 Bath
|
950 ft²
|
$117,500
2 Bed
1 Bath
950 ft²
|
-
-
|
-
| |
|
09/26/2018
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
| |
|
06/14/2018
|
2 Bed
|
1 Bath
|
950 ft²
|
-
2 Bed
1 Bath
950 ft²
|
-
-
|
-
| |
|
10/07/2006
|
2 Bed
|
1 Bath
|
-
|
$116,000
2 Bed
1 Bath
|
$115,600
-0.34%
04/03/2007
|
Jose Vasquez
Midwest Realty Services Group, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017