31 Cardinal Rd
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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Mar 9, 2025 | Listed | $479,900 | |
| Listed | |||
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Welcome to 31 Cardinal Road Somerset, MA. This beautiful Ranch style home has an open floor plan for the living room, dining room & kitchen, which is great for entertaining. The sliding glass doors in the dining room lead you to the sunroom, the perfect place to relax. All three bedrooms have hardwood floors. The full bathroom is beautifully updated. Enjoy the outdoors on the patio leading to the deck for the above ground pool. This home also has central air and an attached garage with space for storage & workshop.
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| May 24, 2017 | Sold | ||
| Sold | |||
| Mar 10, 2017 | Listed by RE/MAX Right Choice | $269,800 | |
| Listed by RE/MAX Right Choice | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017