$1,125,000
●
House -
Off Market
5 Lake Drive
Somers, NY 10589
4 Beds
2 Baths,
1
Half Bath
2,450 Ft²
$6,328
Est. Monthly
$20
HOA / Fees
About This Property
First time on the market in 30 yrs! 4 Bedroom Colonial meticulously
maintained & updated. Eat in kitchen with Quartzite counters opens
to family room with working fireplace. Both rooms have sliders to
an oversized 3 season porch which has hosted many parties! Porch
steps lead down to a slate patio & spectacular fully fenced yard
with fenced in ground pool. Back in the house, an office with built
in shelves & cabinets, living room, dining room, powder room &
laundry room complete the first floor. Second floor has primary
bedroom with professionally designed California Closet, primary
bathroom with walk in shower & vanity with 2 sinks, 3 additional
bedrooms & hall bathroom with tub & shower & vanity with 2 sinks.
Finished basement for storage with windows & door out. 2nd floor
central AC & whole house generator. Hardie Board Plank Siding means
your exterior is practically maintenance free! Summit Lake views
from the front windows & front porch with lake rights. Summer days
at the beach! Additional Information: ParkingFeatures:2 Car
Attached,
Unit Size
2,450 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$407
Property Type
House
Property Taxes
$1,409
HOA Dues
$20
Year Built
1968
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYH6302619)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by ERA Insite Realty Services | $997,500 | |
| Listed by ERA Insite Realty Services | |||
| | |||
|
First time on the market in 30 yrs! 4 Bedroom Colonial meticulously maintained & updated. Eat in kitchen with Quartzite counters opens to family room with working fireplace. Both rooms have sliders to an oversized 3 season porch which has hosted many parties! Porch steps lead down to a slate patio & spectacular fully fenced yard with fenced in ground pool. Back in the house, an office with built in shelves & cabinets, living room, dining room, powder room & laundry room complete the first floor. Second floor has primary bedroom with professionally designed California Closet, primary bathroom with walk in shower & vanity with 2 sinks, 3 additional bedrooms & hall bathroom with tub & shower & vanity with 2 sinks. Finished basement for storage with windows & door out. 2nd floor central AC & whole house generator. Hardie Board Plank Siding means your exterior is practically maintenance free! Summit Lake views from the front windows & front porch with lake rights. Summer days at the beach!
| |||
| Sep 9, 2010 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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