218 SOMERSET DRIVE
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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 |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Dec 12, 2025 | Price Decreased |
$315,000
↓ $25K
(7.4%) | |
| Price Decreased | |||
| Dec 7, 2025 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Nov 4, 2025 | Listed by Arya Realtors | $349,999 | |
| Listed by Arya Realtors | |||
| Jul 30, 2017 | Listed | $135,900 | |
| Listed | |||
| | |||
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Don't miss this very lovely 5-Bedroom, 2 full-baths, updated and well-maintained Cape. It prominently features beautiful Vinyl siding, a very spacious living room and newer Central Air Conditioning. It also features updated vinyl windows, kitchen and fenced-in back yard. The main floor also has 3 bedrooms a full bath and washer and dryer hook up. Upstairs you will find a large master bedroom and your 5th bedroom and full bath. new water heater, new siding and new lighting fixtures and recessed lighting. All this convenient to major highways, public transportation, recreation facilities, entertainment, dining and shopping and easy access to PhillyThe manager has listed the unit size as 1624 square feet.
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About Burlington
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017