25
Map
5351 Somerville Drive
About This Property
As you step in, you are greeted by an open floor plan with a formal dining area, kitchen equipped with a pantry, and a breakfast nook.
The bedrooms offer a split floor plan. You'll find the primary suite to the left with two walk-in closets for ample storage.
Through the very spacious living room are the other two bedrooms and one bath.
This home also features a 2-car garage, and an enclosed laundry room.
This one family owned home is ready for its new owners to come in and add their personal touch.
Additional information: Roof is 2017, WH is about 2011, A/C is 2014.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Price Decreased |
$399,000
↓ $16K
(3.8%) | |
| Price Decreased | |||
| Jul 31, 2024 | Price Decreased |
$414,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jun 22, 2024 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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About Viera North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017