43 Somerset Road
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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by HB Real Estate, LLC | $249,900 | |
| Listed by HB Real Estate, LLC | |||
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Surprisingly spacious one level living! Whether you're just looking for affordable, easy living or thinking of becoming a snowbird....this stylish home has it all! Open floor plan and airy cathedral ceilings. Beautifully updated kitchen with stainless appliances, pantry and large dining area. French doors in the living room open up to a home office or den. The main bedroom suite offers a walk-in closet and very large bath with separate tub and shower. The other two bedrooms and full bath are on the opposite side of the home. Convenient laundry and utility room. Brand new large composite deck overlooking the fenced rear yard - you can bring the dog! HVAC, windows, driveway updated in recent years. Freshly painted. Two storage sheds. Super convenient location with shopping nearby and easy access to Mass. Pike and major highways. Seller willing to convey with furnishings as well.
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| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017