2503 SOMERALL
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%.
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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 25, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by RE/MAX Associates | $519,000 | |
| Listed by RE/MAX Associates | |||
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- A SINGLE STORY all brick home that you have been waiting for in this desirable, sought after gated community and location.......Beautifully appointed and updated with a contemporary flair, this David Weekly home features a very open floorplan, spacious rooms, lots of windows, and a very light, bright, airy feel. The 4th bedroom makes a great study. Master closet is huge - 14'x7'. Wood floors run throughout except tile in baths. Both baths were recently remodeled, kitchen updated, plantation shutters and remote shades throughout, roof replaced 6/2020, Kinetico water softener installed 5/2021, main house HVAC replaced 11/2022, water heater replaced 11/2018.
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| Mar 7, 2016 | Sold | ||
| Sold | |||
| Feb 3, 2016 | Listed by RE/MAX Associates | $275,000 | |
| Listed by RE/MAX Associates | |||
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Popular Weekley plan in popular neighborhood. Fourth bedroom separated - makes a great study. This open floor plan is very appealing and fits many life styles. Seller has created a wonderful outdoor environment with great privacy. Super clean and ready for move in. Don't miss floored attic space. Easy access to Loop 1604, IH 10 and Hwy 281!!
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| Jul 22, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017