2408 Algonquin Road #1
About This Property
The manager has listed the unit size as 900 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Jan 19, 2020 | Price Decreased |
$94,900
↓ $100
(0.1%) | |
| Price Decreased | |||
| Dec 28, 2019 | 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 |
|---|---|---|---|---|---|---|---|
|
01/12/2026
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Bernadeta Szopinska
Skara Realty LLC
| |
|
05/31/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$144,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Hebert Garcia
Century 21 1st Class
| |
|
04/17/2023
|
2 Bed
|
1 Bath
|
-
|
$143,900
2 Bed
1 Bath
|
$143,900
06/12/2023
|
Armando Zires
@properties Christie's International Real Estate
| |
|
02/02/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$131,000
2 Bed
1 Bath
1000 ft²
|
$131,000
04/14/2023
|
Vanessa Peterson
Chicagoland Brokers Inc.
| |
|
10/29/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$99,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
12/28/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$95,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
09/11/2015
|
2 Bed
|
1 Bath
|
-
|
$68,000
2 Bed
1 Bath
|
$66,500
-2.21%
12/22/2015
|
John Lim
Baird & Warner
| |
|
02/07/2008
|
2 Bed
|
1 Bath
|
990 ft²
|
$134,000
2 Bed
1 Bath
990 ft²
|
$125,000
-6.72%
04/09/2008
|
Hebert Garcia
Century 21 1st Class
|
Building Info
About Rolling Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017