5 Algonquin Ave
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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by RE/MAX Partners | $1,269,000 | |
| Listed by RE/MAX Partners | |||
| | |||
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Beautiful 4-Bedroom, 3-Bath, Colonial located in the sought-after Indian Ridge neighborhood. Flexible floor plan offers space for entertaining and for family to comfortably spread out. Marble foyer opens to very attractive formal living and dining rooms. Contemporary-inspired kitchen with separate eat-in area and slider that leads to expansive deck. Impressive family room features a fireplace with built-ins and opens to an equally impressive sunroom with vaulted ceiling and radiant heat flooring. Upstairs, 4 generous bedrooms include a primary suite with walk-in closet & bath. Gleaming hardwood floors throughout and many recent updates, including the roof. The walk-out basement offers additional living space for a playroom, gym, or whatever may suit your needs. Huge fenced yard with in-ground swimming pool and new liner. Convenient to schools, shopping, & highway. This lovely home checks all the boxes!
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| Jul 20, 2001 | Sold | ||
| Sold | |||
| Aug 19, 2000 | Listed by RE/MAX Partners | $649,900 | |
| Listed by RE/MAX Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017