2504 ALGONQUIN Road #7
About This Property
The manager has listed the unit size as 950 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 |
|---|---|---|---|
| Jul 27, 2019 | No longer available | - | |
| No longer available | |||
| May 11, 2019 | Listed | $99,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/10/2026
|
2 Bed
|
1 Bath
|
1000 ft²
|
$145,000
2 Bed
1 Bath
1000 ft²
|
$148,000
+2.07%
06/26/2026
|
Maureen Forgette, ABR,AHWD,CRS,E-PRO,PMN,PSA,SRES
Century 21 Integra
| |
|
09/26/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$159,900
2 Bed
1 Bath
1000 ft²
|
$134,000
-16.20%
09/22/2026
|
Jose Contreras
Adams Elite Realty Group Inc
| |
|
04/28/2019
|
2 Bed
|
1 Bath
|
825 ft²
|
$126,900
2 Bed
1 Bath
825 ft²
|
-
-
|
-
| |
|
05/11/2019
|
2 Bed
|
1 Bath
|
950 ft²
|
$99,900
2 Bed
1 Bath
950 ft²
|
-
-
|
-
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017