124 Somerton Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 11, 2023 | Sold | ||
| Sold | |||
| Apr 16, 2023 | Listed by Coldwell Banker Ultimate | $560,000 | |
| Listed by Coldwell Banker Ultimate | |||
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Beautiful Bentwater home located on the golf course. This split plan has the living room and kitchen centrally located. This 3082 sft home has floor to ceiling windows along the back of the home that looks out to the 7th fairway green of Weiskoph course. The interior of the home has high celings, crown moulding, wood and tile floors, granite countertops, hammered copper sinks, transom windows and arched windows. There are 3 private bedrooms, 3 and a half bathrooms, office, and a large kitchen with island cooktop with electric or gas. The kitchen has a large breakfast area with sitting area surrounded by floor to ceiling windows. The formal dining room has wainscotting and woodfloors, and the beautiful living room has a gas fireplace. This home has an oversized garage for two cars and a golf cart. The golfcart has a seperate garage door with a sidewalk along the side of the house to the golf course. Buyer to verify room sizes. Agent is related to the owner. See virtual tour.
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Property Highlights
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Price/ft²
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About Bentwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017