1438 Somercotes Lane
About This Property
Dining and Shopping. *Refrigerator, Washer & Dryer included* Don't miss the opportunity to tour this Lovely House and make it your New Home!
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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 30, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | No longer available | - | |
| No longer available | |||
| Apr 9, 2024 | Listed by Winhill Advisors - Kirby | $234,900 | |
| Listed by Winhill Advisors - Kirby | |||
| | |||
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Welcome to 1438 Somercotes Lane! This delightful home features 3 bedrooms, 2 full bathrooms, and a Spacious Living area complete with a Cozy Fireplace, perfect for unwinding at home. Conveniently situated near Beltway 8 and I-10, this Channelview Gem offers easy access to
Dining and Shopping. *Refrigerator, Washer & Dryer included* Don't miss the opportunity to tour this Lovely House and make it your New Home!
| |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017