2 Somerset Drive
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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Century 21 Premier | $2,488,000 | |
| Listed by Century 21 Premier | |||
| Aug 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 25, 2021 | Listed by Century 21 Premier | $2,280,000 | |
| Listed by Century 21 Premier | |||
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This is the home you've been waiting for. Perfect for a large or extended family. Gracious custom built colonial with 2 dens, large eat in kitchen, oversized living room, large dining room. Main floor has an office or can also be used as a bedroom. Large four bedrooms on the upper level. Finished basement. New boiler, new roof, New generator. The manager has listed the unit size as 4463 square feet.
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About Great Neck
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,850 - $5,225 /mo
- 3 Beds
- 3 Baths
- 1,250 ft²
$5,300 /mo
- 2 Beds
- 2 Baths
- 1,400 ft²
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017