4 Algonquin Pl
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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 22, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | In contract | - | |
| In contract | |||
| Apr 18, 2023 | Relisted | $650,000 | |
| Relisted | |||
| Apr 7, 2023 | In contract | - | |
| In contract | |||
| Mar 8, 2023 | Listed by Keller Williams Realty Metropolitan | $650,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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The perfect home in a lakefront community! Well-maintained Bi-Level home just 30 mi west of NYC. Nestled on the desirable community of Indian Lake, on a tree-lined dead end road, this move-in ready home features vaulted ceilings, hardwood floors, abundant natural light & tree-top views from the deck. The open layout on the main level includes a large, sun-filled living room, a formal dining room, & a bright eat-in kitchen with a skylight. Sliding glass doors open to an inviting deck. Down the hall is the primary bedroom with two a private full bathroom, plus 2 additional bedrooms & a full bathroom in the hallway. The lower level offers a 4th bedroom, half bathroom, family room & laundry room with an outside entrance to the ground-level patio. Enjoy the lake life with beaches, boat slips, and lots of outdoor activities close at hand, along with a train station, well-regarded schools, shops & restaurants. PLEASE NOTE: In some GPS street will come as Trail, others as Place.
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Data Source: GSMLS, MLS# 3832161
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017