76 SOMERVILLE 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%.
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 |
|---|---|---|---|
| Jan 23, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2023 | Listed by LOKATION | $765,000 | |
| Listed by LOKATION | |||
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Sparkling new construction! Total curb appeal with Washingtonia palms, a pavered driveway & a metal roof accent! Step inside & admire the gourmet kitchen with stacked cabinets, quartz countertops, & picket backsplash. Added transom windows showcase the natural Florida sunlight pouring in. Gold finishes & light fixtures are tastefully placed throughout this stunning home. Step through the sliders to the oversized lanai and huge backyard! Truly feel the attention spent designing this dream Nocatee destination home. It is on-trend and boasts warm tones throughout, beckoning you to move right in! A primary suite upstairs allows the first floor to be dedicated to guests & entertaining! Enjoy a 3 car tandem garage. Walking distance to the pools coming next year, this home is the one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017