27 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 |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2023 | Listed by Houlihan Lawrence Inc. | $580,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Brand new to the market, this charmer is a true delight both, inside and out. A welcoming covered rocking chair front porch leads to a sunlit living room with a wood burning fireplace, formal dining room with built-in cabinetry and a dine-in country kitchen with storage pantry. A mudroom off the side entrance completes the first level. The second level consists of a master bedroom, two additional bedrooms and an updated full hall bath. Fully finished lower level offers additional living space with a family room wired for surround sound, an office/den, tastefully renovated full bath and a laundry room. The expansive backyard is truly an outdoor entertainer's dream come true! Above-ground pool and not just one, but two patios for your outdoor enjoyment. A picturesque babbling brook behind the home perfectly accents the beautiful landscape. Gleaming hardwood floors, and abundant natural light. Plenty of storage space throughout. Roof and gutters replaced in October 2012 with 50-year warranty transferrable to new owners. Two-car garage with additional overhead storage. Low taxes do not reflect Basic Star exemption. Truly an opportunity not to be missed. Sold as is.
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| Sep 8, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017