360 Somerset Drive
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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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | Listed by Premier Agents Network | $295,000 | |
| Listed by Premier Agents Network | |||
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Meet this cozy 3-bedroom, 2 full bathroom home in Somerset Subdivision. Sit on your front with space for rockers and an existing porch swing or barbecue out back. This oversized flat .45-acre lot gives you wide open spaces perfect for pets and outside activities. The small fenced in area can easily be expanded. Come inside to a large family room featuring a fireplace with gas logs for those chilly nights. The open family room/kitchen eating are perfect for entertaining. The split bedroom floor plan offers privacy to the primary quarters which boast 2 walk-in closets, double vanities, tub and separate shower. This space is conveniently located near the laundry room. Yes, there is more! Take the stairs to the bonus room located above the garage which can be a media room, game room, a nice flex space to use your imagination. Come make this space your own. Easy commute to Fort Liberty, shopping, restaurants and more.Take 401 S to Hobson Road, right on Hobson for .8 miles, left on Somerset Drive, .8 mile. Arrive at 360 Somerset Drive.
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| Oct 21, 2020 | Sold | ||
| Sold | |||
| Sep 12, 2020 | Listed by NEXTHOME IN THE PINES | $185,000 | |
| Listed by NEXTHOME IN THE PINES | |||
| Apr 3, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017