24 Algonquin Rd
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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by LAER Realty Partners | $749,900 | |
| Listed by LAER Realty Partners | |||
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Move in ready expanded ranch. Enjoy cooking in the modern, granite counter kitchen with large picture window for natural light. Plenty of space in the oversized pantry for your food and accessories. Bonus room off the entry from garage, great for an exercise room, office, playroom. Livingroom with fireplace and slider to back yard is open to dining room area. 3 Bedrooms, full bath round out the main house. Use the addition as 2 additional bedrooms, bonus room and full bath or convert to an AUD with separate entrance, bedroom, living room and kitchen. Needs proper permits for AUD. This home features many upgrades and improvements. 1 Car garage with large storage area. Fenced yard, seasonal plantings.
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| Sep 18, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017