2406 Algonquin Road #6
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 |
|---|---|---|---|
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
| Oct 14, 2019 | Listed | $110,000 | |
| Listed | |||
| | |||
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OUTSTANDING CONDITION**READY TO MOVE IN** The manager has listed the unit size as 1000 square feet.
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| Aug 22, 2019 | No longer available | - | |
| No longer available | |||
| Jul 2, 2019 | No longer available | - | |
| No longer available | |||
| Jun 5, 2019 | Listed | $109,900 | |
| Listed | |||
| | |||
|
EXCELLENT LOCATION 2 BEDROOMS 1 BATH 2 STORY CONDO .UPDATED BATHROOM,CLOSE TO 53 AND I 90.CHEAPER TO BUY THAN RENT.ASSOCIATION FEE INCLUDES HEAT,WATER AND COMMON INSURANCE.NICE VIEW OF OPEN SPACE FROM THE UNIT BALCONY.READY FOR QUICK CLOSE. The manager has listed the unit size as 1000 square feet.
| |||
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017