790 Blueberry Road
About This Property
Whether you're an avid boater, fisherman, or simply looking to escape to nature, this property offers the perfect balance of convenience and serenity. Enjoy close access to hiking trails, picnic areas, and water activities at Lake Somerville, all while being tucked away in a peaceful setting.
Ready to build, or perfect for a recreational property-this land is a rare find in a prime location. Don't miss your chance to own a piece of Somerville just moments from the lake!
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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 25, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by Oro Realty | $40,000 | |
| Listed by Oro Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017