4311 SOMERVILLE BAY
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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 |
|---|---|---|---|
| Nov 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Listed by K Clark Realty & Associates, LLC. | $250,000 | |
| Listed by K Clark Realty & Associates, LLC. | |||
| | |||
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Investment opportunity! This incredible home in the wonderful gated community of The Greens @ Woodlake. This house has a great covered patio out back with a big backyard. Seperate garden tub & shower in master bath plus double vanities, garage door opener. Easy access to I-10, FM 78 and 410. The manager has listed the unit size as 1623 square feet.
| |||
| Mar 22, 2006 | Sold | ||
| Sold | |||
| Feb 17, 2006 | Listed by Cenimax Realty Inc. | $101,000 | |
| Listed by Cenimax Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017