192 SOMERSET Court
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 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 21, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $439,000 | |
| Listed | |||
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Finally The Beach Home You Have Been Looking For At A Reasonable Price! Don't Miss This Opportunity For An Affordable Family Beach Home!! This Great Home Sits On The Marsh With Views From Every Window. Sunsets And Sunrises Become Part Of Your Every Day Existence. Glass Enclosed Patios Both Downstairs And Upstairs To Make Everyone Happy. Walk Across The Street For Your Private Beach Access With A Cabana And Go Shelling Anytime Your Heart Desires. No Yard Work Here,This Is All Taken Care Of By,Your Small Monthly Maintenance Fee. Enjoy The Clubhouse,Pool,Tennis Court And Private Beach Cabana At The Walk Over. All Covered By Your Maintenance Fee. New Sea Wall Is Being Built And The Owner Has Paid The Assessment In Full! High Bulk Head In The Back Yard And No Water Intrusion From These Last Two Hurricanes. The Toughest Decision You Need To Make Is Whether You Are Getting Up Early Enough To Watch The Sunrise On A Beach Walk Or A Quiet Cup Of Coffee On Your Enclosed Patio Watching The Birds And Boats On The Intracoastal Waterway! Just Down The Street From Serenata Beach Club Where You Can Enjoy Exercise Classes,A Wonderful Gym,Heated Pools And Spectacular Dining! The manager has listed the unit size as 2020 square feet.
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| Mar 28, 2018 | Listed by RE/MAX UNLIMITED | $439,000 | |
| Listed by RE/MAX UNLIMITED | |||
| Apr 1, 2017 | Listed by TRESCA ENTERPRISES LLC | $448,200 | |
| Listed by TRESCA ENTERPRISES LLC | |||
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Beautiful beach side community, with deeded beach access. All yard work maintained by the association. Walk to the beach for the sunrise. Stroll throughout the community and socialize with your neighbors throughout the day and in the evening, enjoy the sunset from the privacy of your back yard or glass enclosed patio. Enjoy the pristine views and solitude of the marsh with your own private koi pond and masonry BBQ. All new stainless steel appliances just installed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017