2404 Algonquin Road #5
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 |
|---|---|---|---|
| Oct 30, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by RCI Real Estate Group | $159,900 | |
| Listed by RCI Real Estate Group | |||
| |||
|
Fantastic opportunity to own a spacious 2bedroom, 1bath condo with a private balcony and an updated kitchen! The main level offers an open flow between the kitchen, eating area, and living room, plus a front hall closet for extra storage. Both bedrooms and the full bath are located upstairs. Low monthly assessments and convenient parking near the door make this an affordable and easyliving option compared to renting.
| |||
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by RCI Real Estate Group | $139,900 | |
| Listed by RCI Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2024
|
2 Bed
|
1 Bath
|
1050 ft²
|
$165,000
2 Bed
1 Bath
1050 ft²
|
-
-
|
Humberto Manzo Bustos
Coldwell Banker Realty
| |
|
06/26/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$139,900
2 Bed
1 Bath
1000 ft²
|
$125,000
-10.65%
06/29/2023
|
Christina Bertsche
RCI Real Estate Group
| |
|
01/27/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$120,000
2 Bed
1 Bath
1000 ft²
|
$123,500
+2.92%
02/24/2023
|
Karen McCabe
Coldwell Banker Realty
| |
|
04/21/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$115,000
2 Bed
1 Bath
1000 ft²
|
$121,000
+5.22%
05/23/2022
|
Elvia Torres
YUB Realty Inc
| |
|
07/23/2021
|
2 Bed
|
1 Bath
|
-
|
$119,000
2 Bed
1 Bath
|
$116,000
-2.52%
12/20/2021
|
Nicole Galvan Medina
Coldwell Banker Realty
| |
|
11/14/2018
|
2 Bed
|
1 Bath
|
800 ft²
|
$99,000
2 Bed
1 Bath
800 ft²
|
-
-
|
-
| |
|
05/17/2007
|
2 Bed
|
1 Bath
|
-
|
$124,900
2 Bed
1 Bath
|
$124,900
07/27/2007
|
Clemencia Molano
Coldwell Banker Residential Brokerage
|
Building Info
- 1 Unit for Sale
About Rolling Meadows
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$1,650 /mo
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$1,650 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017