1992 Somerset Lane
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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.
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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 1, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Realty Executives Premiere | $739,900 | |
| Listed by Realty Executives Premiere | |||
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100% STUNNING Stonehedge home completely updated and move-in ready! 4 bedrooms on the 2nd level plus a 1st floor office, 2 full GORGEOUS bathrooms upstairs and 1/2 bathroom on the main level! Finished basement with plenty of space for an entertainment area & playroom space! Elegant and spacious 2-story family room with updated fireplace open to the kitchen is perfect for everyday life and entertaining! The 2-story foyer w/ updated staircase makes a statement when welcoming guest! Timeless kitchen remodel with white cabinets, stone counters, Thermador and Miele stainless appliances, TONS of cabinet storage and counter space w/ island seating & space for a full-sized kitchen table. Gorgeous hardwood throughout both levels! Spa-like 2021 high-end bathroom remodels with Bradford & Kent Remodeling, designer light fixtures and window treatments, updated neutral paint throughout, wainscoting, white trim and crown moldings! Beautiful formal dining room with oversized crystal chandelier, designer grass-cloth wallpaper, white crown molding & wainscoting! 3 out of 4 bedrooms have walk-in closets! The outdoor entertainment space of your dreams with smoke-stack fireplace, built-in gas grill, beverage refrigerator, paver patio & pergola complete with party lights! Upgrades everywhere you look including landscaping, outdoor lighting, exterior siding, electrical panel (2018), water heater (2019), garage floor epoxy and garage paint (2021), aluminum fence (2018), Ecobee Smart Thermostat, Smart Ring Doorbell, and so much more! The home is in excellent condition and shows like a model! Stonehedge is a wonderful subdivision with organized events such as an egg hunt, annual Ice Cream Social, organized garage sales, golf outing, photos w/ Santa, and more! The location is close to Brighton Park/Playground & 66-acre Seven Gables Park, Whole Foods, Starbucks, TOP RATED SCHOOLS! You don't want to miss this one! Welcome Home!
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| Mar 13, 2017 | Sold | ||
| Sold | |||
| Jan 11, 2017 | Listed by Keller Williams Infinity | $620,000 | |
| Listed by Keller Williams Infinity | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017