56 Vernon Drive
About This Property
Inside a vaulted ceiling opens the main living area w/ beautiful hardwood floors throughout.The kitchen boasts cherry cabinets & Quartz countertops.This charming, open concept home is both cozy & spacious at the same time.The full painted basement is clean & dry and it serves as the perfect ADDITIONAL SPACE for a playroom, gym and/or office.The laundry room is also in an area all its own. Outside you will find a flat yard,2 decks & a garden w/ greenhouse housing an abundance of veggies & flowers incl.plenty of sunflowers.Close to beach & includes passes.Enjoy the amazing sunset as well as the Lake Carmel 4th of July fireworks display from your very own deck.This house has great value for the price and is worth every penny! Additional Information: HeatingFuel:Oil Above Ground,
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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 |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Sep 12, 2020 | Listed by Briante Realty Group, LLC | $309,000 | |
| Listed by Briante Realty Group, LLC | |||
| Nov 12, 2015 | Sold | ||
| Sold | |||
| Sep 27, 2015 | Listed by Realty Teams Corp | $55,000 | |
| Listed by Realty Teams Corp | |||
| | |||
|
Bank owned. Being sold as is. Buyers agent to verify all information. Great investment opportunity. Additional Information: HeatingFuel:Oil Above Ground,
| |||
| Oct 1, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017