55 Algonquin St
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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Conway - Wareham | $365,000 | |
| Listed by Conway - Wareham | |||
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Welcome to Indian Mound beach! Beautiful, maintenance free Bungalow style home with 2 bedrooms, 1 bath on a large flat lot. Everything you need on one level. Enter through the front door into a large living/dining room with plenty of space. Off to your left, there is one of the bedrooms that has built-in storage. Next you'll find a large room that could be used as a TV room/Den or even add a barn door and have a third bedroom. From there, you have a centrally located bathroom with toilet, vanity and separate shower. The kitchen is open to both the living room and laundry area with a sliding door that leads outside. Second bedroom is off the kitchen. Imagine enjoying your morning coffee on your sizable wooden deck, surrounded by the calmness of nature. Whether you're looking for a vacation retreat or a year-round residence, this home will fulfill your desires for both relaxation and proximity to the beach. New roof (7/24). New Solar Powered Skylight (7/24) Welcome Home!
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| Sep 13, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017