2415 Algonkin Trail
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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%.
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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.
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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 16, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Ward Wight Sotheby's International Realty | $825,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Welcome to the desirable Manasquan Shores section of Wall Tp where this charming Cape Cod awaits just a mile from the pristine Manasquan Beach. Imagine enjoying a short stroll to Orchard Park and family fun on the Bike Path offering endless opportunities for outdoor activities and scenic rides. The home has been enhanced with a wall removal combining the LR with the updated Kitchen, resulting in a bright, open-concept space perfect for modern living. A 4th BR was added to the fully finished lower level providing ample space for family and guests. Step outside to your expansive deck overlooking beautifully landscaped gardens and a cozy fire pit. This space is perfect for entertaining friends and family or simply unwinding after a long day at the beach!
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| Apr 27, 2018 | Sold | ||
| Sold | |||
| Feb 10, 2018 | Listed by Ward Wight Sotheby's International Realty | $439,900 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Desirable ''Manasquan Shores''...make your memories here in this charming sun drenched Cape...ideally situated just two blocks to Orchard Park w. direct access to the popular bike path that takes you near and far, and great for playtime, tennis or dog time. Or just mins. away to downtown Manasquan, for your shopping convenience and just beyond town to the beach for your swimming and relaxing pleasure. Feel like you are on vacation every day of your life here at the shore. Great for year round living or vacation getaway!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017