39 Algonquin St
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Relisted | $165,000 | |
| Relisted | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Listed | $299,900 | |
| Listed | |||
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Step into this charming 3-bedroom, 2-bathroom home featuring a thoughtfully designed layout and modern updates throughout. The newly renovated kitchen boasts sleek granite countertops, brand-new stainless steel appliances, and ample cabinet space—perfect for cooking and entertaining.This home offers convenience with one bedroom located on the first floor, ideal for guests or a home office. Upstairs, you'll find two additional spacious bedrooms and a second full bathroom.Enjoy outdoor living in the good-sized yard, perfect for gatherings or gardening. A one-car garage provides added convenience and storage. This home is a must-see! Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017