37 Saint Thomas Drive
About This Property
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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.
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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 14, 2024 | No longer available | - | |
| No longer available | |||
| Jan 23, 2024 | Price Decreased |
$4,495,000
↓ $300K
(6.3%) | |
| Price Decreased | |||
| Jul 26, 2023 | Price Increased |
$4,795,000
↑ $100K
(2.1%) | |
| Price Increased | |||
| Jul 24, 2023 | Listed by Leibowitz Realty Inc. | $4,695,000 | |
| Listed by Leibowitz Realty Inc. | |||
| | |||
|
Situated on a quiet street, this estate home is located in beautiful Ballenisles on a premium lot located in the exclusive community of St. Thomas and offering a second gated entrance. This immaculately kept home with over 5,000 square feet offers 4 bedrooms and 4 1/2 baths plus an office. Single story living with a split floor plan offers privacy and plenty of space for entertaining. This custom built home boasts a welcoming circular drive as well as an air- conditioned 3 car garage and additional golf cart garage. Walk into the welcoming entryway to a light and airy living room overlooking the park like backyard and custom pool. The well appointed kitchen offers solid maple cabinets, granite countertops, built-in desk and wine storage, double ovens The manager has listed the unit size as 5385 square feet.
| |||
| May 19, 2021 | Sold | ||
| Sold | |||
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About Ballenisles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017