98 Algonquin Avenue
About This Property
Relax in the beautiful four-season room that offers serene views of your private backyard or gather around the inviting stone fireplace in the living room, complete with a handcrafted wood mantle.
The main level features a comfortable primary suite across from a full bath & laundry, while the upper level boasts two spacious bedrooms and a convenient half bath for guests.
Venture to the finished basement for a family room and a versatile den/office, with additional space for hobbies. Great outdoor space for entertaining and relaxing!
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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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by BHG Connections | $399,000 | |
| Listed by BHG Connections | |||
| Sep 13, 2016 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Listed by RE/MAX Lakeshore | $185,900 | |
| Listed by RE/MAX Lakeshore | |||
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Close to Tunnel Park, Lake Michigan, Holland State Park, bike paths and Lakewood Elementary. Solid surface counters and sink in kitchen, tile backsplash and cabinet accents give cottage feel! Beautiful 4 season room overlooking private backyard. Newer vinyl windows have a woodgrain finish to blend with wood accent door & window frames. Living room creates cozy gathering space around stone fireplace with hand crafted full wood mantle. Main level master is situated across from full bath and laundry area. 2 large bedrooms up with 1/2 bath for guest convenience. Basement offers finished family room, den/office plus unfinished hobby room & mechanical room. Wooded private lot-hosting a covered back deck, open air deck & fire pit-patio area. See it today!
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Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25040132
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Address: 335 Madison Avenue, New York, NY 10017