1600 Sommerell Avenue
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 18, 2020 | Sold | ||
| Sold | |||
| Aug 8, 2020 | Listed | $289,900 | |
| Listed | |||
| | |||
|
OFFER ACCEPTED NO MORE SHOWINGS AS PER SELLER! Welcome home to this charming and meticulously maintained 3 bed/1.5 bath ranch in Forked River. Home features a huge living room with a vaulted ceiling and gas fire place, beautiful kitchen and bathrooms, a new double wide driveway, fenced in yard, and a large deck for easy entertaining! Floors in all the bedrooms, kitchen, and bathroom have been updated. Large living room window and kitchen window have been replaced. Nothing to do but unpack! This home will not last!
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| Jul 15, 2020 | In contract | - | |
| In contract | |||
| Jul 5, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017