5334 Vernio Lane
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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by Platinum Properties/The Keyes | $600,000 | |
| Listed by Platinum Properties/The Keyes | |||
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You will love this professionally remodeled home tucked away in the gated community of Tuscany Bay. The kitchen, bathrooms, and garage have all been updated. Real wood cabinets in the kitchen with a beautiful waterfall countertop island which is perfect for entertaining. The kitchen features additional cabinets for extra storage and counterspace for your dry bar and under cabinet LED lighting. Tile throughout the living areas and bathrooms, and the bedrooms have beautiful hardwood floors. The owner's suite has dual sinks with a separate shower and roman tub. The screened in patio with professional landscaping and pavers extends the outdoor living space. The garage floor has Polyaspartic floor coating which is the highest strength floor coating you will find for a garage. Tuscany Bay offers tons of activities including brand new pickleball courts, resort style pool, clay tennis courts, Bocce ball, shuffleboard, billiards, card room and more available at the clubhouse.
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| Sep 29, 2016 | Sold | ||
| Sold | |||
| Jan 31, 2016 | Listed by D'Addio Realty | $287,900 | |
| Listed by D'Addio Realty | |||
| Dec 4, 2003 | Sold | ||
| Sold | |||
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About Tuscany Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017