127 SOMERSET DR
About This Property
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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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | In contract | - | |
| In contract | |||
| Mar 1, 2023 | Listed by BHHS Fox & Roach-Mt Laurel | $359,000 | |
| Listed by BHHS Fox & Roach-Mt Laurel | |||
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2021 | Listed by Imani Realty & Associates | $329,900 | |
| Listed by Imani Realty & Associates | |||
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JUST IN TIME FOR THE HOLIDAY. 127 Somerset is ready for its new owners. Check out this completely renovated three-bedroom two-and-a-half-bath colonial. The backyard has plenty of space for entertaining guests. New furnace, condenser, water heater, roof, windows, gutters, and so much more. Fresh wood flooring and modern trim throughout. The kitchen has new stainless steel appliances with granite countertops. Each bathroom is renovated with premium tile, vanities, and shower/tubs. This is a home you do not want to miss!
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Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017