757 SOMERSET Drive
About This Property
With three bathrooms, including one next to the maid's quarters, this home accommodates the needs of a busy household. Say goodbye to high energy bills with the added benefit of paid-off solar panels.
Outside, an irrigation system keeps the landscaping lush and vibrant, creating a serene backdrop for outdoor gatherings. Beyond the home, a beautiful preserve offers a peaceful retreat and hike/bike trails along the Resler Canyon.
Don't miss out on this beautiful experience! Schedule your showing today and make this dream home your reality.
***House has been appraised for 370k. Seller is really motivated and all offers will be considered.***
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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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Price Decreased |
$359,999
↓ $5K
(1.2%) | |
| Price Decreased | |||
| May 23, 2024 | Price Decreased |
$364,500
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 10, 2024 | Listed by Catalyst Real Estate Group, El Paso, LLC | $374,900 | |
| Listed by Catalyst Real Estate Group, El Paso, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017