2304 ALGONQUIN Road #7
About This Property
The manager has listed the unit size as 950 square feet.
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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 |
|---|---|---|---|
| Nov 5, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2019 | Listed | $109,900 | |
| Listed | |||
| | |||
|
GORGEOUS COMPLETELY REHAB Rolling Meadows Condo! No detail left undone! Modern & Freshly Painted 2 bed, 1 bath, W/ Patio ON first floor! NO STAIRS! NEW Farmstead Hickory laminate flooring w/transferable lifetime warranty. NEW Toilet and Bath vanity w/cultured marble top and mirror, Oil rubbed bronze shower head, faucet and trim, Bergamo Gris Glazed ceramic tile, glass mosaic tile, NEW KITCHEN cabinetry with hardware, Frigidaire appliances, Moen pulldown kitchen faucet and soap dispenser, Stainless steel Kitchen sink, American Carrara Quartz countertops. NEW Interior features Ceiling fans/lights, LED lighting, Mastercraft interior doors and hardware, NEW Sliding closet door and Closet with shelving and rods. NEW Baseboard trim, Window trim, and Window treatments and so much more! Basketball courts, walking trails, playground and more! Assoc. Fee includes: Heat, Water, Gas, Parking, Comm, Ins., Snow removal, lawn! DON'T MISS THIS ONE!
| |||
| Aug 28, 2019 | No longer available | - | |
| No longer available | |||
| Jul 29, 2019 | Price Increased |
$117,500
↑ $3K
(2.6%) | |
| Price Increased | |||
| May 30, 2019 | Price Decreased |
$114,500
↓ $3K
(2.6%) | |
| Price Decreased | |||
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017