25 Somerset Road
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 |
|---|---|---|---|
| Feb 29, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2015 | Listed by Barrett Sotheby's International Realty | $2,000,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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SOPHISTICATED, ELEGANT AND REFINED DESCRIBE THIS MUCH ADMIRED ESTATE PERFECTLY SITED ON A MANICURED LOT IN ONE OF THE MOST PRESTIGIOUS NEIGHBORHOODS IN THE HEART OF LEXINGTON'S VIBRANT TOWN CENTER. THIS ESTATE ATOP MERRIAM HILL HAS WONDERFULLY GRACIOUS ROOMS, SPACIOUS HALLS, BUILT-INS, RAISED PANELING, & DETAILED WOODWORK. THERE IS A FIREPLACE IN THE 1ST FLOOR LIBRARY; AN OFFICE/ AU PAIR SUITE; A THREE SEASON SOLARIUM; AND UPDATED KITCHEN, BREAKFAST AND FAMILY ROOM.
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