161 Pilot 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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Marble House Realty, Inc. | $579,900 | |
| Listed by Marble House Realty, Inc. | |||
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Highest & Best Offers for Monday at 5PM. Welcome to 161 Pilot Dr! This stunning raised ranch blends comfort, space, and style in one of Somerset’s most desirable neighborhoods. Step inside to soaring cathedral ceilings, an updated kitchen, and central AC. The main floor features 3 spacious bedrooms and a full bath. Downstairs offers even more: a potential 4th bedroom, full bath, home office, additional living room, and laundry room— each with spacious rooms ready to enjoy. Step outside to a backyard built for entertaining—two-tier deck, gorgeous above-ground pool, and partial water views that add just the right touch of coastal charm. Other updates include: (2020) Roof, front door, bay Window, and basement sliding door. Town water/sewer, move-in ready, and full of warmth and functionality. Don’t let this one slip away!
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| Aug 30, 2019 | Sold | ||
| Sold | |||
| Mar 31, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017