34 Somerset #B34
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 |
|---|---|---|---|
| Nov 19, 2022 | No longer available | - | |
| No longer available | |||
| Nov 9, 2022 | Relisted | $258,000 | |
| Relisted | |||
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Sep 29, 2022 | Listed | $258,000 | |
| Listed | |||
| | |||
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MOVE-IN READY! This fabulous 2br 1ba condo has recently undergone a full renovation. A spacious layout offers comfortably sized bedrooms, a generous amount of storage, and a private deck. The kitchen features new, quality cabinetry and quartz countertops, new appliances, fixtures and hardware. The sparkling clean bathroom has also been completely overhauled with quartz countertops and new fixtures and finishes. Other notable features include a large walk-in closet, efficient direct vent heat, an electric wall hung fireplace, new LVT flooring throughout and fresh paint! The unit comes with two parking spots. Walk to the Freeport Village or hop on 295 for a quick commute to Portland or Brunswick.
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| Jan 9, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/29/2022
|
2 Bed
|
1 Bath
|
-
|
$258,000
2 Bed
1 Bath
|
-
-
|
Andrew Roy
Waypoint Brokers Collective
| |
|
11/19/2019
|
2 Bed
|
1 Bath
|
-
|
$159,900
2 Bed
1 Bath
|
-
-
|
Corki Gray
Keller Williams - Greater Portland
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017