39 Thomas Park #4
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%.
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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.
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $565,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
One-of-a-kind penthouse offers private rooftop with STUNNING views with some of the best unobstructed skyline views in all of South Boston. Numerous renovations in recent years include NEW heating system 2022, NEW roof & roof deck 2020, NEW hot water tank 2019, new windows 2024 & many more to list! Brand new 42in cabinets, new appliances & brass hardware, 10ft ceilings & wide-open kitchen/living. Rise to meet every occasion from your built-in work-from-home alcove. Have a dog? You will be in good company in this neighborhood! Short way to the beach and Dorchester Heights Monument is just across the street. Thomas Park is located in the very heart center of Southie - Close to East Broadway cafes & boutiques & walk to West Broadway restaurants & nightlife. Unit currently has tenant with lease through 9/1/2025 that can transfer to next owner.
| |||
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Compass | $519,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/18/2024
|
1 Bed
|
1 Bath
|
512 ft²
|
$565,000
1 Bed
1 Bath
512 ft²
|
$525,000
-7.08%
02/24/2025
|
Amy Glynn
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
06/22/2022
|
1 Bed
|
1 Bath
|
512 ft²
|
$519,000
1 Bed
1 Bath
512 ft²
|
$516,000
-0.58%
08/24/2022
|
Sara Walker
Compass
| |
|
08/07/2012
|
1 Bed
|
1 Bath
|
500 ft²
|
$249,000
1 Bed
1 Bath
500 ft²
|
$245,000
-1.61%
10/22/2012
|
John O'Connor
Keller Williams Realty Boston-Metro | Back Bay
| |
|
09/25/2008
|
1 Bed
|
1 Bath
|
-
|
$269,000
1 Bed
1 Bath
|
$254,500
-5.39%
04/22/2009
|
Jane Hoffmann
Haven Realty
| |
|
01/24/2008
|
1 Bed
|
1 Bath
|
500 ft²
|
$259,000
1 Bed
1 Bath
500 ft²
|
$245,000
-5.41%
06/30/2008
|
Patrick Clapp
Direct Real Estate
| |
|
03/18/2005
|
1 Bed
|
1 Bath
|
450 ft²
|
$269,900
1 Bed
1 Bath
450 ft²
|
$255,000
-5.52%
06/24/2005
|
Kathleen Sullivan Moran
| |
|
08/05/2004
|
1 Bed
|
1 Bath
|
447 ft²
|
$235,000
1 Bed
1 Bath
447 ft²
|
$230,000
-2.13%
09/17/2004
|
Jane Hoffmann
Haven Realty
| |
|
02/25/2004
|
1 Bed
|
1 Bath
|
500 ft²
|
$219,000
1 Bed
1 Bath
500 ft²
|
$219,000
04/26/2004
|
Perry DiNatale
Perry DiNatale Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017