51 Bern Drive
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%.
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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.
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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Pinkham Real Estate | $419,000 | |
| Listed by Pinkham Real Estate | |||
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Perched on a knoll in a very convenient Eidelweiss location is this 4 bedroom, 3 bathroom home. Entering into the bright and open living space, the natural wood finishes compliment the gleaming hardwood floors and kitchen cabinetry. A gas log stove in the living room keeps the space cozy in the cold months. The living room flows into the dining and kitchen space, which has matching appliances, natural wood cabinets, and recessed lighting. Through the main entry door is a large deck along the front of the house, a perfect place to grill and enjoy a meal while relaxing outside. Off of the kitchen is a full bath with stackable washer & dryer, as well as a bedroom. Upstairs are two additional bedrooms, both with large walk-in closets, and a shared full bathroom. The walkout lower level is fully finished and currently set up for a home salon business, but can be transformed into a secondary living room, playroom, or even a gym or office. The fourth bedroom could be a great guest space or whatever fits your needs, while a lovely sunroom provides a spot to relax with tea and a book, or could easily be a mudroom. A full bathroom rounds out the lower level. Outside are two outbuildings, one of which is set up as an adorable “She Shed” but can be a playhouse or workshop, and the other provides storage for tools and toys. Enjoy established garden beds, and relax in front of the built-in firepit in the yard. Edelweiss residents enjoy access to Silver Lake and Pea Porridge Ponds.
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| Sep 16, 2019 | Sold | ||
| Sold | |||
| Apr 14, 2019 | Listed by Coldwell Banker Wright Realty | $227,500 | |
| Listed by Coldwell Banker Wright Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017