2620 Somerville Loop #2007
About This Property
Enjoy a fabulous lake view from your Lanai and primary bedroom! No need to worry about stairs with this bottom floor unit, plus ALL TILE floors for ease of care and that Florida vibe.
If you would like two master bedrooms simply use the barn door to section off the second bed and bath. There is also a large den for an office, workout room, or a third bedroom.
This corner unit has tons of natural light to enjoy those Florida winters. The lanai has new privacy screens and roll down solar screens for you to enjoy your morning coffee or evening cocktail.
The garage has a new hurricane rated garage door, along with plenty of storage space. The closets have been re-organized with new shelving to maximize space.
Even the ac was replaced in 2022. There's more:
Seven new remote control ceiling fans, new dimmer switches in bedrooms and baths, USB outlets in the kitchen, lanai, bedrooms, and den; no more trying to find that USB block! New smoke detectors, new thermostat, new bath exhaust fans, and all hardware on doors and cabinets replaced!
Icing on the cake is the location: Sandoval, the premier gated community in cape coral offering resort style amenities for all ages. Enjoy disc golf, basketball, BBQ and picnic areas, join the bocce club, enjoy community parks, two community pools, horseshoes, community spa/hot tub, 2 dog parks, community center with multipurpose rooms, fitness center, fishing pier, butterfly garden club, lap pool, library, lighted pickleball and tennis courts, playgrounds, shuffleboard, and volleyball! Walk, jog, or rollerblade with friends and neighbors along the esplanade, our two-mile-long, seventy-foot-wide linear park.
Close to multiple golf courses, shopping, and the beaches of Sanibel and Fort Myers. Seller motivated, make an offer! Special assessment for new roofs paid in full! Have your Florida dreams come true today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 18, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 28, 2024 | Price Decreased |
$347,800
↓ $7K
(2%) | |
| Price Decreased | |||
| Jul 18, 2024 | Price Decreased |
$354,800
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Apr 26, 2024 | Listed by RE/MAX Realty Team | $364,800 | |
| Listed by RE/MAX Realty Team | |||
| Jun 20, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/27/2024
|
3 Bed
|
2 Bath
|
1725 ft²
|
$335,000
3 Bed
2 Bath
1725 ft²
|
$264,900
-20.93%
04/23/2026
|
Alisa Dudenhoeffer
CAPE PREMIER REALTY
| |
|
04/26/2024
|
2 Bed
|
2 Bath
|
1373 ft²
|
$364,800
2 Bed
2 Bath
1373 ft²
|
-
-
|
Elizabeth Craine
RE/MAX Realty Team
| |
|
10/26/2023
|
3 Bed
|
2 Bath
|
1725 ft²
|
$347,400
3 Bed
2 Bath
1725 ft²
|
-
-
|
Janice DeAngelo
Real Estate by Barbour LLC
| |
|
05/14/2022
|
2 Bed
|
2 Bath
|
1373 ft²
|
$335,000
2 Bed
2 Bath
1373 ft²
|
-
-
|
Jackie Fenske
Pinnacle Property Group
| |
|
10/05/2021
|
2 Bed
|
2 Bath
|
1373 ft²
|
$275,000
2 Bed
2 Bath
1373 ft²
|
-
-
|
Terry Grable
Schooner Bay Realty, Inc.
| |
|
03/17/2020
|
3 Bed
|
2 Bath
|
1373 ft²
|
$198,000
3 Bed
2 Bath
1373 ft²
|
$197,000
-0.51%
05/15/2020
|
Michelle Forneris
| |
|
02/11/2019
|
3 Bed
|
2 Bath
|
1373 ft²
|
$199,000
3 Bed
2 Bath
1373 ft²
|
$170,000
-14.57%
07/09/2019
|
Denny Grimes
| |
|
06/08/2018
|
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