2410 Algonquin Road #11
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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/20/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$150,000
2 Bed
1 Bath
1000 ft²
|
$157,000
+4.67%
07/22/2024
|
Eugene Abbott
Baird & Warner
| |
|
06/09/2024
|
2 Bed
|
1 Bath
|
952 ft²
|
$139,900
2 Bed
1 Bath
952 ft²
|
$141,000
+0.79%
08/08/2024
|
Nikki Neal
RE/MAX Central Inc.
| |
|
05/23/2023
|
2 Bed
|
1 Bath
|
1000 ft²
|
$169,000
2 Bed
1 Bath
1000 ft²
|
$157,500
-6.80%
07/07/2023
|
Ronan McBrien
Second City Real Estate
| |
|
12/28/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$102,900
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
08/30/2017
|
2 Bed
|
1 Bath
|
1000 ft²
|
$89,900
2 Bed
1 Bath
1000 ft²
|
$89,900
10/12/2017
|
Sergio Lara
Real Broker, LLC
| |
|
02/20/2007
|
2 Bed
|
1 Bath
|
-
|
$115,000
2 Bed
1 Bath
|
$115,000
04/19/2007
|
Esther Zamudio, GRI,SRES
RE/MAX Horizon
|
Building Info
About Rolling Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017