2627 Somerville Loop #604
About This Property
The manager has listed the unit size as 1725 square feet.
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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 |
|---|---|---|---|
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Dec 9, 2023 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Listed | $369,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/10/2023
|
3 Bed
|
2 Bath
|
1725 ft²
|
$369,900
3 Bed
2 Bath
1725 ft²
|
-
-
|
Natalie Stout
Realmark Realty Group II LLC
| |
|
10/23/2020
|
2 Bed
|
2 Bath
|
1373 ft²
|
$225,000
2 Bed
2 Bath
1373 ft²
|
$229,000
+1.78%
04/16/2021
|
George/Allie Williamson
| |
|
05/13/2020
|
3 Bed
|
2 Bath
|
1725 ft²
|
$209,900
3 Bed
2 Bath
1725 ft²
|
$205,000
-2.33%
06/19/2020
|
Dennis Joseph Hackworth
| |
|
03/10/2019
|
2 Bed
|
2 Bath
|
1650 ft²
|
$234,900
2 Bed
2 Bath
1650 ft²
|
-
-
|
-
| |
|
06/08/2018
|
2 Bed
|
2 Bath
|
1373 ft²
|
-
2 Bed
2 Bath
1373 ft²
|
-
-
|
-
| |
|
06/07/2018
| |
2 Bed
|
2 Bath
|
1725 ft²
|
-
2 Bed
2 Bath
1725 ft²
|
-
-
|
-
|
|
03/08/2007
|
3 Bed
|
2 Bath
|
1438 ft²
|
$249,000
3 Bed
2 Bath
1438 ft²
|
-
-
|
Bob Marion
D and B Realty Inc of SWFL
|
Building Info
- 1 Unit for Sale
About Trafalgar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017