24 SOMERSET DR
About This Property
Regarding solar panels, The buyer must receive credit approval and can request a link to the online credit application from the Service Transfer Coordinator of Sunrun Transfers Team. Buyers or their agents should contact Sunrun with any questions before submitting an offer their contact information is in the Agent Remarks section of the MLS.
The previous contract was terminated due to the buyer's failure to meet the settlement date because the processing of VA financing was delayed by the issues in Afghanistan and an orders change.
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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 27, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Redfin Corporation | $250,000 | |
| Listed by Redfin Corporation | |||
| Jul 21, 2017 | Sold | ||
| Sold | |||
| Jun 19, 2017 | Listed by RealtyMark Properties | $145,900 | |
| Listed by RealtyMark Properties | |||
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Welcome home to the beautifully remodeled rancher in the Somerset Park section of Willingboro. Upon entry you are greeted by the open floor plan that this home has to offer. To the left is the fully remodeled kitchen with dark wood cabinetry, granite countertops and stainless steel appliances. Off the kitchen is the fourth bedroom, formerly the garage, with a large window for plenty of light and closet for ample storage. Off the kitchen is a built in breakfast bar with pendant lights that opens up into the large living room. Down the hall is a full bathroom with new vanity and shower/tub combo and three bedrooms. The master bedroom has its own personal bathroom and large closets with plenty of space. Out back the rear yard is fenced and provides you with your own oasis, great for entertaining this summer! In addition to all of that this home offers a new AC, new range, microwave and new washer and dryer! Don't miss the opportunity to see this home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017