2574 Algonkin Trail
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by RE/MAX Bay Point Realtors | $869,900 | |
| Listed by RE/MAX Bay Point Realtors | |||
| Aug 12, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | Listed by Ward Wight Sotheby's International Realty | $499,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Nestled in the rolling hills of Manasquan Shores; located just minutes from Manasquan and Point Pleasant beaches, local parks, fishing, boating, and waterways for kayaking and SUP. Easy access to local highways and the GSP. This ranch style home provides for simple living while enjoying all the shore has to offer. Relax or entertain on the back deck after exploring the nearby parks, dog parks, beaches, and downtown. With 3 bedrooms, 2 baths, an oversized 2-car garage, and outside shower, this is your perfect opportunity to own in desirable Manasquan Shores.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017