55 Verbena Drive
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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%.
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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Listed by Howard Hanna Coach | $729,000 | |
| Listed by Howard Hanna Coach | |||
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Welcome home to this exceptionally lovely and well cared for, updated ranch, in the highly sought after Mayfair section of Commack. You'll fall in love as soon as you enter the bright, open, and inviting living area. The meticulous attention to detail will be evident from the freshly painted walls, refinished wood floors, modern updates and functional design. Enjoy meal prep and entertaining in your spacious kitchen with quartz countertops and all new Samsung appliances. You may choose to dine indoors or on the newly finished patio, just off the kitchen. The door opens to your private, fenced, level, newly landscaped and paved oasis, where you can enjoy special occasions and every day relaxing. Bedrooms are clean and spacious, with a beautifully tiled primary designer shower spa. The fully finished basement is ready for whatever you choose to use it for, with abundant storage. Experience the peace of mind, knowing that no expense was spared in the very recent installation of new CAC, High Efficiency combo tankless Bosch burner, washer/dryer, epoxy garage floor, hose hook up, gutters, driveway, paved walkway and sprinkler system. You have nothing left to do but move in and create cherished memories with loved ones.
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| Jan 24, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017