8856 Thames River Drive
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by KW Reserve Palm Beach | $675,000 | |
| Listed by KW Reserve Palm Beach | |||
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Welcome to a beautifully upgraded single-story concrete home in the gated Crescent Lakes community of Boca Raton. Offering approximately 1,700 square feet of living space on a 5,001 square foot lot, this 3-bedroom, 2-bath residence with a 2-car garage and three additional driveway spaces blends thoughtful design with modern enhancements. From the moment you step inside, you'll notice the airy layout, abundant natural light, and seamless indoor-outdoor flow, along with the convenience of a true indoor laundry room—rarely found in similar homes. A brand-new roof (late 2025) provides peace of mind with superior wind uplift protection, improved energy efficiency, enhanced fire resistance, and a transferable warranty—eliminating the worry of costly future replacement. The heart of the home is a fully renovated gourmet kitchen designed for both everyday living and entertaining. Anchored by an impressive 17-foot quartz island with seating for eight (plus additional window bench seating), the space features 41 soft-close solid wood cabinets, full-extension dovetail drawers, pull-out pantry shelving, and premium stainless steel appliances. Highlights include a super-quiet KitchenAid dishwasher, Samsung beverage center refrigerator with dual ice maker, Ruvati workstation sink, Hansgrohe fixtures, and a thoughtfully designed layout with lazy Susan corner storage and full-height pantry. The home is also equipped with 2022 ESW hurricane impact windows and sliding doors, offering robust storm protection, energy savings, noise reduction, and enhanced security—no more plywood panels needed. Smart home features include a Nest thermostat, in-wall mounted iPad, Google doorbell, Arlo cameras, alarm system, keypad entry, EV charging capability, and fast fiber optic internet, along with upgraded electrical outlets featuring integrated USB-C and USB-A ports throughout. Retreat to a spacious primary suite features two oversized hurricane-rated sliding glass doors (6.5 feet wide by 4' high), which floods in natural light and beautifully frames the left side of the back yard. The spa-like primary bath showcases a floor-to-ceiling marble shower with frameless glass, dual vanities, quartz counters, Hansgrohe fixtures, and generous storage including additional pantry-style cabinetry. Both bathrooms have been tastefully updated with modern finishes and new Swiss Madison one-piece toilets, while three of the four closets have been customized for optimal organization. Outside, the covered and screened patio offers a private space to relax or entertain year-round. Residents of Crescent Lakes enjoy access to a heated pool, tennis courts, fitness center, billiards room, and community gathering spaces—all within a secure, well-maintained neighborhood.
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| Jul 19, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Lang Realty/BR | $499,000 | |
| Listed by Lang Realty/BR | |||
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About Sterling Bridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017