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1013 Somerset Circle
About This Property
Retreat to the oversized primary suite complete with a wall of windows overlooking the backyard, a luxurious ensuite bath with dual vanities, a soaking tub, separate shower, and generous walk in closet. The backyard provides plenty of room to relax, play, or entertain under the covered patio while enjoying the privacy of the expansive yard. Beyond the home, enjoy an incredible lifestyle with access to outstanding community amenities including multiple stocked ponds, miles of greenbelt space and walking trails, two resort style swimming pools, a basketball court, sand volleyball pit, spray park, playgrounds, and additional parks for children to enjoy. This exceptional home combines comfort, space, and convenience while offering the amenities and community atmosphere today's buyers are searching for. A rare opportunity to enjoy resort style living in a vibrant neighborhood with something for everyone
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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 |
|---|---|---|---|
| Jun 20, 2026 | Price Decreased |
$299,990
↓ $15K
(4.8%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by RE/MAX DFW Associates | $314,990 | |
| Listed by RE/MAX DFW Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017