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8405 SOMERSET DRIVE
About This Property
Inside, soaring vaulted ceilings and an open floor plan create a welcoming, light-filled space that's as comfortable for a quiet evening at home as it is for weekend gatherings. Impact-rated windows and sliding doors keep the home energy-efficient and secure year-round. The Roof is scheduled for replacement which means one less thing to worry about as a new owner. The sellers are also offering a HOME WARRANTY to provide additional peace of mind. The generous, fully fenced backyard complete with a storage shed and playground gives kids and pets room to roam safely. The 2 car garage offers extra built in storage every busy household needs.
With updated bathrooms, a dedicated laundry room, and a truly turnkey interior, this home is ready to move into from day one- no projects, no surprises. Whether you're planting roots for the first time or looking for a home that grows with your family, 8405 Somerset Dr checks all the right boxes.
Homes like this- updated, move-in ready, and in a neighborhood this central don't sit long. Call today to schedule your showing.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Relisted | $450,000 | |
| Relisted | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017