1515 SOMERVILLE Road
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 |
|---|---|---|---|
| Apr 11, 2025 | Price Decreased |
$290,900
↓ $39K
(11.8%) | |
| Price Decreased | |||
| Apr 4, 2025 | Price Decreased |
$329,900
↓ $22K
(6.3%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed | $352,000 | |
| Listed | |||
| | |||
|
Relax at your corner lot in this all brick home nestled within the Harbor Oaks community on a quiet shady street. Enjoy full baths for all 3 bedrooms. Beautiful quartz countertops in kitchen w/Samsung S/S appliances. Outside, you'll love the huge fenced-in backyard, perfect for pets, kids, and outdoor gatherings. Whether you dream of a lush garden, a fire pit area, or a play space, the possibilities are endless. Roof 5yrs old, gutters added. Great location.
| |||
| Feb 5, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by RESIDENTIAL MOVEMENT REAL ESTATE GROUP LLC | $287,000 | |
| Listed by RESIDENTIAL MOVEMENT REAL ESTATE GROUP LLC | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017