2308 ALGONQUIN Road #9
About This Property
The manager has listed the unit size as 1000 square feet.
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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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Relisted | $149,900 | |
| Relisted | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed | $149,900 | |
| Listed | |||
| | |||
|
Beautifully remodeled condo, two story unit, freshly painted, updated bathroom, updated kitchen, three air conditioning units, light and bright. Laundry, along with storage cage on basement. Assigned parking #542. View to the park and basketball courts. Close to Woodfield Mall, Convenient to mayor highways, airport and shopping. No rents allowed. Great location! A must see!!!! SERIOUS BUYER! please!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/19/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
$150,000
+0.07%
09/05/2024
|
Maria Santana
CM Realtors
| |
|
03/30/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$145,000
2 Bed
1 Bath
1000 ft²
|
$145,000
06/12/2023
|
Jaqueline Venegas
Smart Home Realty
| |
|
12/18/2018
|
2 Bed
|
1 Bath
|
1000 ft²
|
$115,000
2 Bed
1 Bath
1000 ft²
|
$105,000
-8.70%
05/07/2019
|
Pauline Atou-Elia
| |
|
01/06/2017
|
2 Bed
|
1 Bath
|
1000 ft²
|
$74,900
2 Bed
1 Bath
1000 ft²
|
$75,000
+0.13%
03/23/2017
|
Rusen Rusev
Runway Realty Inc
| |
|
11/14/2006
|
2 Bed
|
1 Bath
|
-
|
$119,900
2 Bed
1 Bath
|
$120,000
+0.08%
04/20/2007
|
Esther Zamudio, GRI,SRES
RE/MAX Horizon
|
Building Info
- 1 Unit for Sale
About Rolling Meadows
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$2,000 /mo
- 1 Bed
- 1 Bath
- 950 ft²
$1,300 /mo
- Studio
- 1 Bath
- 350 ft²
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017