2508 Algonquin Road #9
About This Property
The manager has listed the unit size as 750 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 |
|---|---|---|---|
| Aug 17, 2022 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed | $84,900 | |
| Listed | |||
| | |||
|
2nd floor condo with 2 bedrooms and 1 bath, living room and full kitchen spread over 2 levels. Spacious closets in bedrooms. Additional storage area in the basement. Relax on the outdoor balcony accessed right from unit. Great location with easy access to Expressways 53/355, 90/I-290. Minutes from Shopping, Restaurants and Woodfield Mall area. Sold as-is. Taxes 100%.
| |||
| Jul 8, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Relisted | $75,000 | |
| Relisted | |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2026
|
2 Bed
|
1 Bath
|
800 ft²
|
$147,000
2 Bed
1 Bath
800 ft²
|
$145,000
-1.36%
06/19/2026
|
Romeo Lopez
CENTURY 21 New Heritage West
| |
|
08/14/2025
|
2 Bed
|
1 Bath
|
800 ft²
|
$159,000
2 Bed
1 Bath
800 ft²
|
-
-
|
Romeo Lopez
CENTURY 21 New Heritage West
| |
|
05/23/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$160,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
BeBe Alammar
Baird & Warner
| |
|
02/13/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$140,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Stewart Ramirez
E- Signature Realty
| |
|
02/11/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$149,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Esmeralda Campos
Homesmart Connect LLC
| |
|
05/02/2022
|
2 Bed
|
1 Bath
|
750 ft²
|
$84,900
2 Bed
1 Bath
750 ft²
|
$79,900
-5.89%
08/17/2022
|
Joseph Mueller
Tanis Group Realty
| |
|
12/28/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$89,000
2 Bed
1 Bath
950 ft²
|
$80,000
-10.11%
02/11/2022
|
Tammy Washer
Homesmart Connect LLC
| |
|
02/05/2022
|
2 Bed
|
1 Bath
|
1000 ft²
|
$118,900
2 Bed
1 Bath
1000 ft²
|
$115,000
-3.28%
03/21/2022
|
Joseph Henke
@properties Christie's International Real Estate
| |
|
10/15/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$104,900
2 Bed
1 Bath
1000 ft²
|
$106,000
+1.05%
12/10/2021
|
Leslie Aguilar
RE/MAX Horizon
| |
|
03/27/2021
|
2 Bed
|
1 Bath
|
-
|
$94,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
06/03/2021
|
2 Bed
|
1 Bath
|
750 ft²
|
$75,000
2 Bed
1 Bath
750 ft²
|
-
-
|
Derrick Jackson
Homesmart Connect LLC
| |
|
03/07/2008
|
2 Bed
|
1 Bath
|
990 ft²
|
$124,900
2 Bed
1 Bath
990 ft²
|
$120,000
-3.92%
04/11/2008
|
Esther Zamudio, GRI,SRES
Zamudio Realty Group
| |
|
08/16/2007
|
2 Bed
|
1 Bath
|
-
|
$68,100
2 Bed
1 Bath
|
$60,000
-11.89%
03/11/2008
|
John Monino
Re/Max Premier
|
Building Info
- 1 Unit for Sale
About Rolling Meadows
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$1,650 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017