38 Algonquin Trail #38
About This Property
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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%.
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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 | |||
| | |||
|
Beautiful sun filled luxurious 2 bedroom 2.5 bath townhouse. Two story foyer with a spiraled staircase leading upstairs. Open floor plan with gorgeous hardwood floors throughout the dining and living room. Spacious eat in kitchen with granite counter tops, stainless steel appliances, plently of cabinet space and large breakfast bar. Master suite with cathedral ceilings, gas fireplace, whirlpool tub and plenty of closet space. Second bedroom also has its own full bath. Nothing to do but move in!
| |||
| 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!
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| 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