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2234 Somercrest Place
About This Property
This is where style, comfort and thoughtful updates come together in a beautifully maintained home showcasing true pride of ownership. Featuring 4 bedrooms, 3.5 baths, a private study, spacious family room, game room and 2-car garage. This versatile floor plan offers plenty of room for everyday living, entertaining and working from home. Step inside to an inviting, light-filled interior with a sophisticated neutral color palette and tasteful accents. The open layout creates an easy flow throughout the main living areas, while the private study provides a dedicated space for today's work-from-home needs or a 5th bedroom. The remodeled primary bath is a standout, offering a spa-inspired retreat with upgraded finishes. Additional improvements include upgraded ceiling fans, upgraded carpet and padding, epoxy floor in the garage and a low maintenance turf backyard. The seller is offering up to 3% in buyer's closing costs and a residential service contract up to $650.00. Don't miss this opportunity. The closing costs can be used for a 2-1 rate buydown.
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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 | No longer available | - | |
| No longer available | |||
| Sep 30, 2026 | Listed by Ebby Halliday, REALTORS | $549,900 | |
| Listed by Ebby Halliday, REALTORS | |||
| Sep 12, 2026 | Price Decreased |
$567,500
↓ $7K
(1.3%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$574,900
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$579,000
↓ $7K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017