25 Somerstown Road
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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 1, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by Compass Greater NY, LLC | $650,000 | |
| Listed by Compass Greater NY, LLC | |||
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Discover this hidden gem at 25 Somerstown Road. As you step inside, natural light floods the interior, enhancing the seamless flow that effortlessly combines comfort, charm and style. Reflective of the 1920s, there is stunning craftsmanship throughout, with beautiful moldings, solid wood doors and glass knobs. The heart of the home is the well-appointed kitchen, where culinary creations come to life amidst modem appliances and ample storage. The cozy living room with a wood-burning fireplace is the perfect spot to relax with a glass of wine or a good book. The sunroom, with three exposures, is lovely in all seasons. The upper level of the home offers three well proportioned bedrooms and a spacious full bathroom. Additionally, the walk-up attic presents a valuable asset, featuring a large walk-in closet and abundant storage space. This versatile area can cater to various needs, whether for seasonal storage, organization, or even the potential for future expansion. The Idyllic and private backyard is a standout feature of this property with a lush zen garden, fire pit, deck, and gazebo, surrounded by fruit trees and grape vines, with ample space for large gatherings or just lying in a hammock listening to the brook that runs on the edge of the property. This home's sought-after location strikes a perfect balance between peaceful surroundings and convenient access to nearby amenities. Other highlights include new roof (2016), newly paved driveway
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Property Highlights
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017