2 Sommerset Drive
About This Property
Next head down to the lower level where a large flex space with access to the backyard creates a seamless transition between indoor and outdoor living. Another bedroom and full bath provides for separate living opportunities and the attached garage offers both functionality and convenience. Then step outside to a sprawling backyard with endless possibilities!
Major updates in 2021 include roof, siding, kitchen and Kitchenaid appliances, bathrooms, flooring, feature walls and panel moldings and HVAC. All this can be found nestled on a serene .75 acre in a cul-de-sac location providing privacy but just minutes away from major highways.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jul 13, 2025 | Listed by Signature Premier Properties | $699,000 | |
| Listed by Signature Premier Properties | |||
| Jun 22, 2022 | No longer available | - | |
| No longer available | |||
| May 23, 2022 | Listed by Realty Connect USA LLC | $650,000 | |
| Listed by Realty Connect USA LLC | |||
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Unpack & Move Right in to this Totally Renovated 4Br 3Bth Hi Ranch Situated in Pinewood Manor on A Quiet Cul De Sac w .75 Fenced In Flat Acres! New Siding,Triple Pane Windows,New Floors,New Kit w SS Kitchen Aide 5 Door French Door Fridge, Gas Stove,Microwave/Hood,DW,White Quartz Counters,Backsplash,Entry & LR w Vaulted Ceilings & Marble Accent Wall, Master Suite w WIC & Bth, 3 Other Brs,CAC,Recessed Lights,Crown Moldings & Wainscotting Galore, Gas Generator Hook Up,IGS,Smart Nest Thermostats,Security System,New PVC Fence,& So Much More. Come Build Your Dream Pool and Yard! Just A Couple Of Miles To Smith Point Ocean Beach/Fire Island Seashore,Shirley Beach,Splash Park & Nature Preserve.Tons Of Fishing & Boating Spots Close By. Taxes $10,501.listed w/o STAR. Sold AS IS The manager has listed the unit size as 2348 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017