40 Algonquin Trl #40
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%.
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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 |
|---|---|---|---|
| Jul 14, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Coldwell Banker Realty - Sudbury | $439,900 | |
| Listed by Coldwell Banker Realty - Sudbury | |||
| | |||
|
OPEN HOUSE CANCELLED! ACCEPTED OFFER! This townhouse is absolutely amazing & features a sun splashed 2-story foyer with a curved staircase leading to the main level offering a modern & open floor plan, oversized windows & even a cozy corner gas fireplace. The oversized kitchen has an abundance of cabinet space, stainless appliances, granite counters with a large peninsula & access to the side deck. There's a massive master suite with cathedral ceilings, another gas fireplace, ample closet space & a full bath with a separate shower & jetted tub. The 2nd large bedroom is also en suite with a full bath, 2 closets & cathedral ceilings. There's also a bonus 3rd floor loft area, extra storage on the lower level with in-unit laundry & a 2 car garage. This home has been impeccably maintained with regular updates including a newer HVAC system, newer on-demand hot water, new windows, new flooring, smart home thermostats, recent paint, new lighting & updated outlets. This is THE ONE!!
| |||
| Mar 30, 2016 | Sold | ||
| Sold | |||
| May 21, 2015 | Listed by Keller Williams Boston Metrowest | $259,900 | |
| Listed by Keller Williams Boston Metrowest | |||
| May 26, 2004 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/02/2021
|
2 Bed
|
3 Bath
|
1616 ft²
|
$439,900
2 Bed
3 Bath
1616 ft²
|
$460,000
+4.57%
07/14/2021
|
Ecaterina Saju
Coldwell Banker Realty - Sudbury
| |
|
05/21/2015
|
2 Bed
|
3 Bath
|
1616 ft²
|
$259,900
2 Bed
3 Bath
1616 ft²
|
$268,000
+3.12%
03/30/2016
|
Michael Jennings
RE/MAX Best Choice
| |
|
02/19/2004
|
2 Bed
|
3 Bath
|
1616 ft²
|
$359,900
2 Bed
3 Bath
1616 ft²
|
$350,000
-2.75%
05/26/2004
|
Sandra Montesino
REMAX Executive Realty
| |
|
11/10/2000
|
2 Bed
|
3 Bath
|
1600 ft²
|
$284,900
2 Bed
3 Bath
1600 ft²
|
$279,000
-2.07%
01/30/2001
|
Mary Ellen Maloney
MEM Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017