2406 Algonquin Road #12
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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 14, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed | $95,000 | |
| Listed | |||
| | |||
|
Why spend money on Rent when you can Own this Two Story End Unit in Coach Light! This Bright and Light Unit has an open floor plan which gives it extra kitchen cabinets space, additional windows in the kitchen and nice huge balcony facing the courtyard. Second level has two Bedroom, one Bath and a lot of closet space. Laundry room and additional storage located in basement. Newer carpet, 2 Parking Spaces and plenty of guest parking! Ideal Location to Shopping, Schools, Woodfield Mall, Restaurants, Expressways 90, 290 & 53. Association fees include heat, water and garbage, some paint and a little sweet equity and personal touches will make this place awesome! Low taxes! Pet friendly! No Rentals.
| |||
| May 13, 2021 | In contract | - | |
| In contract | |||
| May 7, 2021 | Listed | $95,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$95,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Matt Grander
Keller Williams - Naperville
| |
|
07/28/2021
|
2 Bed
|
1 Bath
|
-
|
$105,000
2 Bed
1 Bath
|
$105,000
09/20/2021
|
Matt Hernacki
MisterHomes Real Estate
| |
|
02/14/2020
|
2 Bed
|
1 Bath
|
950 ft²
|
$112,000
2 Bed
1 Bath
950 ft²
|
-
-
|
-
| |
|
12/04/2018
|
2 Bed
|
1 Bath
|
1000 ft²
|
$114,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
| |
|
09/06/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$94,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
About Rolling Meadows
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$1,200 /mo
- Studio
- 1 Bath
- 350 ft²
$1,730 /mo
- 1 Bed
- 1 Bath
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017