51 Saint Thomas Drive
About This Property
The home has a tropical pool with spa area and outdoor kitchen overlooking the golf course with nice landscaping for privacy. The home has been professionally updated and freshened.
The 3 car garage can hold 2 golf carts in tandem. A gorgeous new TV center with glass shelving and a fabulous bar area complete this fabulous family room and kitchen area.
*some lighting exclusions
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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 28, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Sotheby's Intl. Realty, Inc. | $2,295,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
| Jul 7, 2016 | Sold | ||
| Sold | |||
| Jan 4, 2016 | Listed by Sotheby's Intl. Realty, Inc. | $1,799,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
| Jul 6, 2004 | Sold | ||
| Sold | |||
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About Ballenisles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017