729 Somerset Drive
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 |
|---|---|---|---|
| Nov 13, 2018 | Sold | ||
| Sold | |||
| Oct 8, 2018 | Listed by Moran & Associates | $248,000 | |
| Listed by Moran & Associates | |||
| Apr 22, 2013 | Sold | ||
| Sold | |||
| Feb 5, 2013 | Listed by Coldwell Banker Legacy | $199,900 | |
| Listed by Coldwell Banker Legacy | |||
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Lovely home on the ridge of Coronado Hills w/fantastic sunset views! Spacious LR & formal DR. Family room w/FP & computer station. Great kitchen w/breakfast area, nice cabinetry w/blt-in wine rack. 3 good-sized BRs w/ceiling fans & 2 w/walk-in closets. Master suite w/ 3/4 bath & walk-in closet designed by Classy Closets. Maid's has blt-in desk, cabinets & drawers. Easy care xeriscape in front. Back has lg covered patio, extra stone, grass & VIEW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017