62 SOMERSET AVE
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 |
|---|---|---|---|
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | Listed by Coldwell Banker Realty | $440,000 | |
| Listed by Coldwell Banker Realty | |||
| May 14, 2016 | Sold | ||
| Sold | |||
| Mar 20, 2016 | Listed by Keller Williams Realty - Washington Township | $264,000 | |
| Listed by Keller Williams Realty - Washington Township | |||
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Wow! Homes like this do not come around often!!! Welcome to this beautifully maintained colonial home in the heart of Mantua. This home has it all! Located on a peaceful tree lined street this home with a covered front porch is sure not to disappoint! This remarkable homes features a gorgeous updated custom kitchen. Plenty of cabinet space, stainless steel appliances, double oven and microwave, tile back splash, recessed lighting, natural quartizite counter tops, breakfast bar and beautiful tiled floors! The great room features a beautiful brick fireplace, newer carpet, a half bath and custom paint. The living room features hardwood floors a stunning back wall and neutral paint. The dining room has plenty of space for a get together. Featuring hardwood floors and neutral decor. The laundry features a sink, tiled floors and plenty of storage space which leads you out to a lovely custom trek deck, fire pit, paved area for grilling and magnificent over sized lot. The upstairs to this home has a full bath and 3 very large bedrooms including hardwood floors through out. Wait there is more!! The finished basement is neutrally decorated perfect for a play room, gym, office, or entertainment area as well as extra storage space with shelving. Heating and air conditioning unit are double zoned, newer windows and newer siding. Make your appointment today for this one of a kind home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017