57668 Santo Thomas
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by Desert Sotheby's International Realty | $1,595,000 | |
| Listed by Desert Sotheby's International Realty | |||
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by Alta Verde Builders, Inc | $1,494,710 | |
| Listed by Alta Verde Builders, Inc | |||
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Alta Verde Coral Mountain proudly presents the Horizon. Awarded ''Best Single Family Home Design'' of the year, this spectacular home is a sensory masterpiece. An homage to desert modernism, the Horizon capitalizes on the sweeping Santa Rosa mountain views. Balanced proportions in the modern sculpture, and the whimsey of an entry Palm tree passing through the roof, deliver an unexpected drama and intrigue of light-filled living spaces and a forward facing wall of glass that opens onto the pristine water of the pool with reflections of the mountain sunsets. This multiple award winning home is a statement of architectural distinction, and featured in numerous noted publications and books. The Horizon residence is a 3 bedroom 3.5 Bath, Media/Office residence, replete with premier elements of Italian cabinetry, Fisher & Paykel black glass appliances, quartz countertops and Aquabrass plumbing fixtures ornamenting incredibly large special walk through twin shower. Jetted spa and fire pit make taking in the views all the more sumptuous. Finishing touches are being completed on this home for October/November occupancy. Visit coralmountainhome.com for more information on Coral Mountain by Alta Verde. Photos are of the model, finishes may vary.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017