532 Somerset Drive
About This Property
No detail was spared in the extensive renovation, which includes:
Elegant new flooring throughout
A modern, chef-inspired kitchen with premium THOR appliances
Freshly painted interiors with a sleek, contemporary aesthetic
Custom floor-to-ceiling feature wall panels
Decorative ceiling panels on the main level
Energy-efficient LED lighting in every room with smart switches
Motion-activated lighting in all bathrooms
A high-tech smart toilet
Luxurious double shower in the primary suite
Smart exterior lighting, including patio ambiance
Ceiling lights integrated with the Enlighten app
The gourmet kitchen is outfitted with top-of-the-line THOR appliances, including a 48" 8-burner range, pull-out microwave, and built-in dishwasher-perfect for the culinary enthusiast.Curb appeal is enhanced by a beautifully landscaped front yard and a wide brick-accented driveway. The 3-car garage includes a convenient rear roll-up door, ideal for boat access, recreational vehicles, or additional storage.
Located in a highly sought-after neighborhood within an award-winning school district-just walking distance from Golden Elementary School-this home offers unmatched convenience to top-rated schools, shopping, dining, and local amenities.
Experience luxury, functionality, and modern living at its finest in this extraordinary home.
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Blue Lotus Realty | $1,849,900 | |
| Listed by Blue Lotus Realty | |||
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | Listed by Real Broker | $1,395,000 | |
| Listed by Real Broker | |||
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Welcome to this expansive 6-bedroom, 4-bathroom home, boasting 3,238 sq. ft. of living space on a generous 8,000 sq. ft. lot. The beautifully manicured front yard and a large driveway with elegant brick accents set the stage for this inviting home. With ample parking and a 3-car garage—including a convenient rear roll-up door for boat access—this property offers both functionality and charm.
Inside, the layout provides abundant space for comfortable living. Upon entry, you'll find a sizable living room leading to a formal dining area. The adjacent kitchen offers backyard access and flows seamlessly into the large family room, which features a cozy fireplace and charming beamed ceilings. Sliding doors off the family room open to the backyard, where a well-maintained pool, covered patio, and lush lawn create the perfect setting for outdoor entertaining.
The main level includes two bedrooms and a full bathroom with direct backyard access—ideal for poolside convenience. One of these bedrooms serves as a master suite with an ensuite bath. Upstairs, four additional bedrooms provide plenty of space for family, guests, or a home office, all overlooking the backyard and pool area.
Located in an award-winning school district and close to shopping, dining, and local amenities, this home offers incredible potential. While some cosmetic updates are needed, with a little imagination, this property can truly become your dream home!
Don’t miss this fantastic opportunity—schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017