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22 Somerset Drive
About This Property
The heart of the home offers a completely renovated (2025) eat in kitchen featuring new quartz countertops, stainless steel appliances and a tiled backsplash. Two updated bathrooms, one with a jacuzzi tub. The roof is 3 years old. This beautifully updated staggered level home is perfectly situated on a private quiet street in the highly desirable Colonial Heights neighborhood of Yonkers. Step inside to find a bright and spacious layout featuring stunning hardwood floors that run throughout the freshly painted interior. Step outside to a large private patio which offers the perfect oasis for outdoor dining and summer barbecues. There is a 2car garage and driveway for additional parking.
This home provides a peaceful, low-traffic setting while remaining just minutes away from Central Avenue's vibrant shopping, dining, and entertainment corridors. Commuters will love the ultra convenient proximity to major parkways and the nearby Metro-North train station, offering a quick and easy ride straight into Grand Central Terminal. Don't miss the opportunity to bring your own finishing touches and make this wonderful house your new home!
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Berkshire Hathaway HS NY Prop | $839,900 | |
| Listed by Berkshire Hathaway HS NY Prop | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017