For SaleRisky Deal0 days on market
119 Somerset Avenue
119 Somerset Avenue, Garden City, NY 11530, Garden City, NY 11530
$1,499,000
Listing Price
119 Somerset Avenue, Garden City, NY 11530
Loc: Garden City, NY
Days Listed
0
Tax Assessed
$861k
Lot Size
8,000 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Stratford Avenue School
2-5
0.5 mi away
10
Garden City Middle School
6-8
1 mi away
10
Garden City High School
9-12
0.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Tudor revivalbrick exteriorstone accentssteeply pitched roofleaded glass windowsarched doorwaycottage aestheticmanicured lawndormer windowcharmingtraditional architectureasymmetrical facadesuburbancozy
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.05%
Total ROI
90.5%
Cash Flow
$-215/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-215/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Garden City
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $1,499,000 | $728 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $861 |
| 2023 | $0 | $840 |
| 2022 | $0 | $900 |
| 2021 | $14,069.24 | $0 |
| 2020 | $14,223.48 | $1,433 |
| 2019 | $15,987.75 | $1,535 |
| 2018 | $15,987.75 | $1,796 |
| 2017 | $14,975.31 | $1,796 |
| 2016 | $14,582.74 | $1,796 |
| 2015 | $2,594.59 | $1,796 |
| 2013 | $2,451.23 | $1,796 |
| 2012 | $2,188.46 | $1,796 |
| 2011 | $9,265.96 | $2,074 |
| 2010 | $8,202.84 | $2,001 |
| 2009 | $0 | $2,363 |
| 2008 | $0 | $2,533 |
| 2006 | $0 | $2,534 |
| 2005 | $0 | $4,414 |
| 2004 | $0 | $6,627 |
| 2003 | $0 | $6,627 |
| 2002 | $0 | $10,700 |
| 2001 | $0 | $10,700 |
| 2000 | $0 | $10,700 |
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