21
Map
977 Somerset Lane
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 12, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Price Increased |
$410,000
↑ $35K
(9.3%) | |
| Price Increased | |||
| Sep 26, 2025 | Listed by RISE Realty Services | $375,000 | |
| Listed by RISE Realty Services | |||
| | |||
|
AMAZING OPPORTUNITY! Nestled in the beautiful Suntree neighborhood of Fieldstone, this 3-bedroom 2 bath home is brimming with potential! Perfect for buyers or investors eager to renovate and add incredible value. With vision and some updates this property could be transformed into a stunning residence! The home offers a split floor plan with vaulted ceilings, formal living and dining rooms, and an expansive covered screened porch. Kitchen is open to the family room with granite counters and breakfast bar. Prime location less than 2 miles from the Suntree Country Club and 15 minutes to the beach. A true fixer upper being offered As Is.
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| Nov 8, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Fieldstone
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,811 ft²
$2,750 /mo
- 3 Beds
- 2 Baths
- 1,769 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017