2 Somers Lane
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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 |
|---|---|---|---|
| May 28, 2019 | Sold | ||
| Sold | |||
| Jan 2, 2019 | Listed by Exit Realty Achieve | $549,999 | |
| Listed by Exit Realty Achieve | |||
| Dec 8, 2018 | No longer available | - | |
| No longer available | |||
| Sep 30, 2018 | Listed by P Lydon Corp | $599,000 | |
| Listed by P Lydon Corp | |||
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New To Market ! Nice 5 Bedroom Colonial On Over A Full Acre In Commack With Blue Ribbon Schools, Hardwood Floors, Gas Heat, Park Like Properties Over An Acre Of Land With New Pool For Those Great Family Parties, 200 Amp Upgrade, All New Appliances, Location Almost Private Street And More. Make This Your Own Oasis.
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| Dec 5, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017