5 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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed by Howard Hanna Coach | $839,000 | |
| Listed by Howard Hanna Coach | |||
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This beautifully updated and fully renovated 4-bedroom, 2-full-bath home has everything you've been searching for in the sought after Commack School District. The chef's kitchen features a spacious center island—perfect for meal prepping and entertaining—along with modern, upgraded appliances that make cooking a delight. Enjoy the seamless open-concept layout, ideal for gatherings and everyday living. The lower-level Summer kitchen offers added convenience for outdoor entertaining on the patio. With its flexible floor plan, there's also the potential for extended family living & room for Mom with proper permits. The additional amenities include some new Anderson windows, roof, siding, heating, gleaming hardwood floors, sprinklers & baths plus so much more. Everything here inside & out has been completely updated Don’t miss this move-in ready gem in a prime location. Special Feature: New solar panels.
Schedule your tour today and make it yours!
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| Jan 12, 2022 | Sold | ||
| Sold | |||
| Nov 29, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017