45 Algonquin Road
About This Property
Step inside to find large, sun-drenched bedrooms and an exquisite sunroom perfect for morning coffee or a good book. The spacious, flat backyard and charming patio are perfect for outdoor dining, playing, or entertaining. Modern amenities include a newly updated roof and windows, ensuring peace of mind and energy efficiency. With a big garage and ample driveway parking, plus low taxes, this home is a rare find in a prime location.
Seize the opportunity to own this remarkable property and create lasting memories in a truly delightful setting. Additional Information: ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by eRealty Advisors, Inc | $749,000 | |
| Listed by eRealty Advisors, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017