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58 Ocean
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.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Tate & Foss Sotheby's International Rlty | $20,000,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
| Mar 31, 2025 | Listed | $25,000,000 | |
| Listed | |||
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As you travel along the breathtaking shores of New Hampshire’s most coveted coastline, tracing the undulating curves of the Atlantic, the scenery evokes an era when wealthy families would escape the city’s bustle for summers by the sea. Within the storied enclave of Little Boar’s Head, home to a legacy of turn-of-the-century estates with meandering stonewalls, gated entrances, and manicured grounds, you arrive at Balmoral, a mansion of distinction with an unrivaled coastal backdrop. Originally built in 1930 as a summer retreat for Governor Huntley Spaulding, this Colonial Revival residence, underwent a masterful reconstruction in 2010. The result is a seamless blend of classic grandeur and modern refinement. With 8,680 sf of living space and over three acres of beautifully landscaped grounds, the property offers sweeping water views, ensuring both privacy and a stunning backdrop for prestigious soirées to family celebrations. Inside, the home exudes sophistication with high ceilings, a grand staircase designed for graceful movements, and impeccable craftsmanship throughout with expansive living spaces to intimate curated retreats. Beyond the mansion’s beauty, NH offers tax advantages, including no income, no sales, and no dividends or interest tax. The location affords effortless access to Boston, Portsmouth’s vibrant downtown, and esteemed institutions such as Phillips Exeter and Phillips Andover. The perfect balance of legacy, luxury, and access to excellence.
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| Jul 6, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017