38 Algonquin Trl #38
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 |
|---|---|---|---|
| Jun 26, 2012 | Sold | ||
| Sold | |||
| Feb 9, 2012 | Listed by William Raveis R.E. & Home Services | $278,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| Jun 1, 2010 | Sold | ||
| Sold | |||
| Mar 24, 2010 | Listed by Dovetail Real Estate Group,LLC | $309,900 | |
| Listed by Dovetail Real Estate Group,LLC | |||
| | |||
|
Sun-Filled & Impeccably Maintained 2 Bedroom, 2.5 Bathroom Townhome w/2-Car Tandem Garage**Open Concept Floor Plan**Beautiful Kitchen w/Eat-In Peninsula, New Granite Counters and All New Stainless Steel Appliances including Refrigerator, Dishwasher, Range & Microwave** Hardwood Flooring in Living / Dining Rms**2 Gas Fireplaces**Light, Neutral Berber Carpeting**Dramatic Curved Entryway with Walls of Glass**South Facing Deck for Warm Spring Days and Flowering Pots**Fantastic Commuter Location!
| |||
| Oct 29, 1999 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/09/2012
|
2 Bed
|
3 Bath
|
1616 ft²
|
$278,900
2 Bed
3 Bath
1616 ft²
|
$272,000
-2.47%
06/26/2012
|
Carol Gould
William Raveis R.E. & Home Services
| |
|
03/24/2010
|
2 Bed
|
3 Bath
|
1616 ft²
|
$309,900
2 Bed
3 Bath
1616 ft²
|
$297,500
-4.00%
06/01/2010
|
Debra Hagen
Andrew J. Abu Inc., REALTORS®
| |
|
06/15/1999
|
2 Bed
|
3 Bath
|
2288 ft²
|
$215,000
2 Bed
3 Bath
2288 ft²
|
$210,000
-2.33%
10/29/1999
|
Keith Shapiro
Realty Executives Boston West
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017