83 Somerset St.
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 |
|---|---|---|---|
| Feb 8, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 17, 2024 | Relisted | $128,000 | |
| Relisted | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed | $274,500 | |
| Listed | |||
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Welcome to this beautifully maintained Colonial home located in the heart of the Forest Park area. The first floor of this gorgeous home features a large, updated granite kitchen with island and stainless steel appliances that stay for the buyer's enjoyment, an open-concept living and dining room, a play/reading nook, and a half bathroom. The second floor boasts three generously sized bedrooms and a full bathroom. Enjoy the convenience of being centrally located close to parks, houses of worship, restaurants, grocery stores, bus routes, and more. Come experience this beautiful home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017