11 Lantern Way #11
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.
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 |
|---|---|---|---|
| Oct 21, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | Listed by Coldwell Banker Realty - Natick | $610,000 | |
| Listed by Coldwell Banker Realty - Natick | |||
| May 25, 2017 | Sold | ||
| Sold | |||
| Dec 10, 2016 | Listed by Compass | $583,400 | |
| Listed by Compass | |||
| | |||
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This Village 3 home could be available for Feb 2017 occupancy. $52K+ worth of upgraded options are included in this home, plus there is an attractive builder incentive still available to the lucky buyer! The Lanterns at Warren Woods is one of Metro West’s ONLY 55+ community with 100% DETACHED single family condominiums all of which feature 1st floor master bedrooms, front porches, rear decks and 2 car garages. Beautifully situated near the 475 acre Ashland Reservoir and adjacent to the 120-acre Warren Wood, yet convenient to shopping, highways, and commuter rail service. This charming community will also feature a meetinghouse, heated pool and access to miles of walking trails.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2020
|
2 Bed
|
3 Bath
|
2370 ft²
|
$610,000
2 Bed
3 Bath
2370 ft²
|
$605,000
-0.82%
10/21/2020
|
Bo Lee
Coldwell Banker Realty - Natick
| |
|
12/10/2016
|
2 Bed
|
3 Bath
|
1958 ft²
|
$583,400
2 Bed
3 Bath
1958 ft²
|
$559,846
-4.04%
05/25/2017
|
Judy Jennings
Top Agent Plus
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017