4815 Algernon Drive
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%.
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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by BHGRE Gary Greene | $210,000 | |
| Listed by BHGRE Gary Greene | |||
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Spacious home waiting for you to come make it your own. Large formal living and dining rooms that can be turned into play room, office, craft room, additional living space...... What works for your lifestyle? Den with wood burning fireplace has sliding glass door to deck and patio. The den is great place to gather with family and friends. Kitchen has an abundant amount of storage and work surface. Fully fenced backyard. Upgrades include new roof, insulated windows, all tile floors, kitchen cabinets, granite countertops, bath tubs and more. Come take a look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017