35 Somerset St
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Price Decreased |
$674,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 6, 2024 | Price Decreased |
$679,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $690,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Open House Sat. 5/18 10-11:30!! Motivated Sellers! Open the doors to your beautiful new home! As you walk in you are welcomed with the delightful, spacious hardwood floors in the living room, family room and dining room that will make any family feel right at home. The dining room is connected to the stunning updated kitchen, perfect for hosting gatherings with family and friends. This elegant and spacious colonial is filled with lots of character and many upgrades including new kitchen cabinets, countertops and appliances. New freshly painted interior, waterproofed basement, 3rd floor suite, new exterior windows, reinforced concrete patio, gazebo & expanded driveway. The utilities also experienced some updating as the house has some newer electrical wiring, tankless hot water heater and new heat pump and gas system. This property provides great combination of charming character with beautiful high end upgrades suitable for any family. Come see your new home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017