2510 Algonquin Road #3
About This Property
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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 |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Dec 15, 2021 | Listed | $109,900 | |
| Listed | |||
| | |||
|
Second floor end unit model, the unit is extra large since its a end unit. Nothing to do but to move in and enjoy this beautiful unit with balcony view for your relaxing evenings. Newer kitchen cabinets and appliances, remodeled bath in 2018, newer electricity, newer fans and lighting fixtures. Why to pay rent when you can own this unit for less than a monthly rent payment. Pets allowed. Show and sell. Bring your FHA buyers, property is FHA approved!
| |||
| Oct 4, 2021 | No longer available | - | |
| No longer available | |||
| Sep 23, 2021 | Listed | $109,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/13/2023
|
2 Bed
|
1 Bath
|
-
|
$150,000
2 Bed
1 Bath
|
$150,000
02/27/2024
|
Maria Tamayo
Luna Real Estate Inc.
| |
|
09/23/2021
|
2 Bed
|
1 Bath
|
-
|
$109,900
2 Bed
1 Bath
|
-
-
|
Victor Pelayo
RE/MAX Central Inc.
| |
|
10/16/2021
|
2 Bed
|
1 Bath
|
-
|
$110,900
2 Bed
1 Bath
|
$108,500
-2.16%
12/13/2021
|
Monica Morales
Extreme Realty LLC
| |
|
08/20/2021
|
2 Bed
|
1 Bath
|
800 ft²
|
$106,000
2 Bed
1 Bath
800 ft²
|
$95,000
-10.38%
02/22/2022
|
Monika Vera
Charles Rutenberg Realty of IL
| |
|
10/30/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$97,000
2 Bed
1 Bath
900 ft²
|
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Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017