2611 Somerville Loop #204
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.
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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 1, 2023 | Listed by BB&C Realty | $329,900 | |
| Listed by BB&C Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 13, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | In contract | - | |
| In contract | |||
| Mar 20, 2021 | Listed | $249,900 | |
| Listed | |||
| | |||
|
Spacious 1700+ 2nd floor Somerville Loop TURNKEY condo with 2 bedroom + den with beautiful lake views! Come enjoy the Florida lifestyle at one of Cape Coral's most desired gated communities, Sandoval with resort-like amenities. The home has recently been updated with new paint and window coverings and comes completely turn-key. Natural light abounds the high cathedral ceilings with plush carpeting throughout the main living areas. The kitchen is a recipe for entertaining offering wood cabinetry, solid surface counter tops, breakfast bar with plenty of storage throughout. The large family room overlooks the lake with quick access to the screened lanai where you are invited to sit and watch all the wildlife that visits the many beautiful lakes of Sandoval. The bedrooms are gracious in size and the master ensuite offers dual sinks, large walk-in shower & closet. The washer/dryer are nicely tucked out of site and offer a great convenience. The den is a plus for additional accommodations for visiting guests or family. This home would make a great primary residence or second home with the ease of knowing it comes turnkey. Call today to schedule your private tour! The manager has listed the unit size as 1725 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2025
|
2 Bed
|
2 Bath
|
1857 ft²
|
$299,900
2 Bed
2 Bath
1857 ft²
|
$275,000
-8.30%
01/28/2026
|
Scott Brucker
RE/MAX Trend
| |
|
08/10/2024
|
2 Bed
|
2 Bath
|
1373 ft²
|
$324,900
2 Bed
2 Bath
1373 ft²
|
-
-
|
Lisa VanderBleek
Re/Max Sunshine
| |
|
05/01/2023
|
3 Bed
|
2 Bath
|
1725 ft²
|
$329,900
3 Bed
2 Bath
1725 ft²
|
-
-
|
Scott Defilippis
BB&C Realty
| |
|
04/26/2021
|
2 Bed
|
2 Bath
|
1373 ft²
|
$249,900
2 Bed
2 Bath
1373 ft²
|
-
-
|
-
| |
|
04/20/2021
|
2 Bed
|
2 Bath
|
1650 ft²
|
$249,900
2 Bed
2 Bath
1650 ft²
|
-
-
|
-
| |
|
03/20/2021
|
2 Bed
|
2 Bath
|
1725 ft²
|
$249,900
2 Bed
2 Bath
1725 ft²
|
-
-
|
-
| |
|
02/24/2021
|
2 Bed
|
2 Bath
|
1535 ft²
|
$234,900
2 Bed
2 Bath
1535 ft²
|
-
-
|
-
| |
|
03/10/2020
|
2 Bed
|
2 Bath
|
1373 ft²
|
$205,000
2 Bed
2 Bath
1373 ft²
|
-
-
|
-
| |
|
11/16/2018
|
2 Bed
|
2 Bath
|
1725 ft²
|
$205,000
2 Bed
2 Bath
1725 ft²
|
-
-
|
-
| |
|
06/07/2018
|
2 Bed
|
2 Bath
|
1438 ft²
|
$189,000
2 Bed
2 Bath
1438 ft²
|
-
-
|
-
| |
|
10/17/2017
|
2 Bed
|
2 Bath
|
1373 ft²
|
$186,900
2 Bed
2 Bath
1373 ft²
|
$184,750
-1.15%
12/29/2017
|
Denise Simmons
Sellstate Max Performance
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1725 ft²
|
-
2 Bed
2 Bath
1725 ft²
|
-
-
|
-
|
Building Info
About Trafalgar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017