49
Map
5061 Somerville Drive
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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 |
|---|---|---|---|
| Jun 5, 2025 | Sold | ||
| Sold | |||
| May 5, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by RE/MAX Elite | $475,000 | |
| Listed by RE/MAX Elite | |||
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Lakefront pool home w/ LOW HOA in the heart of Viera! This 4-bed, 2-bath home offers peaceful water views and preserve surroundings—no rear neighbors. The screened pool area features brick paver decking, ideal for entertaining. Inside, enjoy fresh interior paint and water-resistant wood-look flooring throughout. The kitchen includes a breakfast bar, SS appliances, and a modern farmhouse sink. The spacious primary suite offers dual windows and a bathroom with a soaking tub, a separate shower, and double sinks. Three additional bedrooms share the second bath, which opens directly to the pool. Roof 2018. The exterior was recently painted for a fresh, updated look. Located minutes from I-95, top-rated schools, The Avenue Viera & 20 min. to beautiful beaches. Walk to the elementary school and nearby amenities, including lighted tennis courts, a jogging trail, a playground, basketball courts, and a large pavilion. Easy access to Viera Charter School and the VA Medical Center. Move-in ready!
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| Feb 7, 2023 | Sold | ||
| Sold | |||
| Jul 30, 2022 | Listed by One Sotheby's International | $420,000 | |
| Listed by One Sotheby's International | |||
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About Viera North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017