1415 LANTERN LIGHT Trail
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 |
|---|---|---|---|
| Nov 3, 2025 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 5, 2025 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 8, 2025 | Listed | $490,000 | |
| Listed | |||
| | |||
|
Welcome to this beautifully maintained 5-bedroom, 4-bathroom home nestled in a desirable amenity-rich community! Freshly painted and equipped with a brand new tankless hot water heater, this spacious open floor plan offers endless possibilities for versatile living with an office/flex room, formal dining room, oversized loft, and even a bedroom and a full bath on the main floor - perfect for guests or an in-law suite. The kitchen is a chef's dream, featuring granite countertops, a large island, double ovens, a butler's pantry, and a comfortable seamless flow into the adjoining living areas. Brand new carpet adorns the stairs leading into a magnificent loft where the choice is yours: game room, play area, hobby loft, or simply an additional living/family room. A luxurious primary suite awaits with double vanities, soaking tub, and two walk-in closets. LVP and tile flooring throughout the main level provide style and durability. French doors lead to a newly installed paver patio with a fire pit - ideal for entertaining and family fun. Located in a sought-after neighborhood with resort style amenities including a pool, clubhouse, tennis courts, and jogging trails, this home checks every box! Schedule your showing TODAY!
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| Jun 21, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by UNITED REAL ESTATE GALLERY | $480,000 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017