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385 Somerset Circle
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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%.
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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 28, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by RE/MAX ONE | $1,699,000 | |
| Listed by RE/MAX ONE | |||
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Single-story luxury with breathtaking mountain views in the heart of Thousand Oaks! This stunning 4-bedroom, 4-bath home offers over 3,000 sq.ft. of beautifully upgraded living space with a bright, flowing floor plan designed for today's lifestyle.The chef's kitchen features a Thermador range and double oven, massive built-in double refrigerator/freezer, two dishwashers, microwave, granite countertops, custom cabinetry, oversized island, and a huge walk-in pantry--perfect for entertaining. The spacious family and dining areas connect seamlessly to the living room with a cozy fireplace, hardwood floors, crown molding, recessed lighting, and plantation shutters throughout.The Master Bedroom opens directly to the backyard with stunning views and includes a remodeled bath with quartz counters, custom cabinetry, marble tile floors, and a freestanding spa-style tub plus a separate shower. Two additional bedrooms share a beautifully remodeled bathroom.Outside, enjoy a private backyard retreat with a large covered patio, firepit, and full outdoor kitchen with built-in BBQ. Freshly painted inside and out, with upgraded baseboards, ceiling fans, tankless water heaters, and plenty of storage, this home offers comfort, style, and convenience in a quiet Thousand Oaks neighborhood.
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| May 4, 2018 | Sold | ||
| Sold | |||
| Mar 5, 2018 | Listed by RE/MAX ONE | $1,200,000 | |
| Listed by RE/MAX ONE | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017