25
Map
5019 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by eXp Realty LLC | $192,500 | |
| Listed by eXp Realty LLC | |||
| Feb 28, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2018 | Listed by Winhill Advisors - Kirby | $134,900 | |
| Listed by Winhill Advisors - Kirby | |||
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PRICE REDUCED!...Welcome home to this well-maintained beauty! It features a great open layout, tile flooring, wood burning fireplace, and fresh new paint throughout. Plenty of cabinet & counter space in the kitchen that the cooks of the family will surely appreciate! The roof was replaced in 2018! Located near 1960, 45, & hardy toll road & walking distance from the elementary/middle schools. This is an opportunity you won't want to miss as homes are going quick in this subdivision!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017