2406 Algonquin Road #4
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 12, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | Listed by Northwest Real Estate Group | $153,900 | |
| Listed by Northwest Real Estate Group | |||
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|
Completely move-in ready 2 bedroom, 1 bath condo. 1st Floor unit in the heart of Rolling Meadows. Enjoy cooking in the renovated kitchen and relaxing in the modernized bathroom. This thoughtfully updated condo features a seamless flow of new flooring throughout the main living areas, beautifully transitioning into brand-new carpeting in the bedrooms for ultimate comfort. This turnkey condo includes an assigned parking space, guest parking access, and an association covers both heat and water to keep your living expenses entirely predictable. Conveniently located near shopping and major transit IL-53, I-355, I-90, AND I-290. This move-in-ready property offers an incredible maintenance-free lifestyle that is truly better than renting! Immediate possession is possible-schedule your tour today.
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| Sep 20, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by MisterHomes Real Estate | $105,000 | |
| Listed by MisterHomes Real Estate | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$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