59
Map
4787 Merlot Drive
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by Blue Marlin Real Estate | $899,999 | |
| Listed by Blue Marlin Real Estate | |||
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Elegant and spacious 5 bed/4 bath home in the gated Viera community of Sonoma. Built in 2004 with a 3-car garage and many recent upgrades including new roof, fascia, soffits, gutters, water heater, and 2 new AC units. ADT security system and Google Nest. Exterior recently painted. Pristine landscaping and freshly sealed pavers. Backyard features a lanai, pool, hot tub, and a 5-hole mini-golf course. New pool pump with automation, outdoor kitchen, and lake views complete this resort-style oasis. Enter through the new 9-ft frosted glass double front doors into the open floor plan with upscale flooring, light fixtures, and ceiling fans. Kitchen boasts new stainless appliances and granite countertops. Large master suite with 5-piece bathroom, walk-in custom closet, and two bonus closets. Two private offices and bonus 1-bedroom suite upstairs. In addition to the community clubhouse and playground, there is so much to do in Viera. Short drive to beaches, space center, and cruise ports.
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| Mar 7, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by EXIT 1st Class Realty | $729,000 | |
| Listed by EXIT 1st Class Realty | |||
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About Sonoma at Viera
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017