2406 Algonquin Road #7
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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed | $106,000 | |
| Listed | |||
| | |||
|
Completely Updated LIGHT AND BRIGHT 2 bed, 1 bath in Rolling Meadows. NEW PAINT, NEW CABINETS ( SOFT CLOSING), NEW COUNTERTOPS, NEW APPLIANCES, NEW FLOORS, NEW TRIM, UPDATED BATHROOM, REFINISHED DECK, NEW BOILER. 1st Floor. NO STAIRS! FHA Approved. Assoc. Fee includes: Heat, Water, Gas, Parking, Comm, Ins., Snow removal, lawn! WILLOWBEND (ELEMENTARY) ,CARL SANDBURG( JUNIOR HIGH SCHOOL), ROLLING MEADOWS (HIGH SCHOOL) Pets under 35 lbs allowed. No rentals allowed.
| |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 7, 2020 | Listed | $109,000 | |
| Listed | |||
| | |||
|
Completely Updated LIGHT AND BRIGHT 2 bed, 1 bath in Rolling Meadows. NEW PAINT, NEW CABINETS ( SOFT CLOSING), NEW COUNTERTOPS, NEW APPLIANCES, NEW FLOORS, NEW TRIM, UPDATED BATHROOM, REFINISHED DECK, NEW BOILER. 1st Floor. NO STAIRS! FHA Approved. Assoc. Fee includes: Heat, Water, Gas, Parking, Comm, Ins., Snow removal, lawn! WILLOWBEND (ELEMENTARY) ,CARL SANDBURG( JUNIOR HIGH SCHOOL), ROLLING MEADOWS (HIGH SCHOOL) Pets under 35 lbs allowed. No rentals allowed. The manager has listed the unit size as 950 square feet.
| |||
| Feb 14, 2020 | Listed | $112,000 | |
| 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
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- 1 Bath
- 350 ft²
$1,730 /mo
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- 1 Bath
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017