2409 Somerset Drive
About This Property
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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 |
|---|---|---|---|
| Jul 10, 2023 | Sold | ||
| Sold | |||
| May 28, 2023 | Listed by Coldwell Banker R.E. Group | $270,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| | |||
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Meticulously maintained home has been loved by the seller as this home has so much to offer. Open floor plan with soaring cathedral ceilings are a real focal point along with the gas fireplace and interesting plant shelving. The dining/flex room has gleaming hard wood floors and it is so very versatile. Eat in kitchen features solid surface kitchen countertops and there is an abundance of prep space and cabinets. Spacious primary bedroom with a generous walk in closet. Attached bath has a shower/whirlpool combination, double vanity and the newer skylight fills the room with natural light. Three more bedrooms and a guest bath are on the opposite end of the home. Separate laundry room with the handy sink has nice storage and is located off the entrance to the two car garage. Stunning shutters can be found throughout. Relaxing on the back deck with built in seating and a pergola is a true favorite of the sellers. Located on a corner lot with a fully fenced back yard and the shed is so handy for all your gardening needs.
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| Oct 22, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2021 | Listed by Coldwell Banker R.E. Group | $225,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017