537 Tom Sawyer Lane
About This Property
This 5-bedroom, 3-bathroom gem boasts over 2,500 square feet of living space, featuring a finished walk-out basement that opens directly to a luxurious gunite pool with a built-in hot tub and fountain. The pool area is fully enclosed, making it perfect for year-round relaxation or entertaining.
The lower level offers two bedrooms, a full bath, and a family room, creating a private oasis for guests or multi-generational living. The main level is equally impressive with three additional bedrooms, including a spacious master suite. The master bath is a spa-like retreat, featuring a cultured marble garden tub, separate shower, dual vanities, and a large walk-in closet. The open and airy design includes raised and vaulted ceilings, an elegant formal dining room, and a sunny breakfast nook with access to a charming covered patioperfect for your morning coffee or evening relaxation.
The kitchen is centrally located and has been completely upgraded with tiled floors, granite countertops, and new appliances, making meal prep a delight. The entire home has seen thoughtful updates, including new flooring, modern lighting, knockdown Spanish lace ceilings, and a high-efficiency HVAC system.
What sets this home apart is its state-of-the-art solar system, providing a fixed cost of energy and ensuring unparalleled energy efficiency. Paired with a recently upgraded HVAC system
Additional highlights include a cozy gas fireplace with a beautiful mantle, an office nook, a large two-car garage, and plenty of natural light throughout.
Don't miss this opportunity to own a beautiful, entertainment-ready home with all the upgrades you desire. Schedule your private tour today!
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Cap Rate Calculator
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 24, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by EXP Realty LLC | $399,900 | |
| Listed by EXP Realty LLC | |||
| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| Sep 20, 2022 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017