1538 SOMERVILLE
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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 |
|---|---|---|---|
| Dec 13, 2004 | Sold | ||
| Sold | |||
| Oct 29, 2004 | Sold | ||
| Sold | |||
| Jun 17, 2004 | Listed by THE PROPERTY MANAGER | $179,000 | |
| Listed by THE PROPERTY MANAGER | |||
| | |||
|
REDUCED! REDUCED! MOTIVATED SELLER-Great home in popular St. Nicholas area, just one block from the river. Spacious 3 bedroom, 2 bath has all the charm and character of the area, hardwood floors, brick fireplace beautiful yard. Very nice master bath has jacuzzi tub and separate shower. Up and coming area, get in before they become unaffordable!
| |||
| Jun 7, 2004 | Listed by THE PROPERTY MANAGER | $199,900 | |
| Listed by THE PROPERTY MANAGER | |||
| Aug 15, 2001 | Sold | ||
| Sold | |||
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