1812 Bright Lantern Way
About This Property
The double door grand entryway greets you as you approach the Meadowmont. This plan features a Guest Suite on the main level with a spacious open kitchen/family/dining area. Enjoy the view of your backyard while doing the dishes and benefit from a clean island with all the space for entertaining. The fireplace is a focal point with built-ins flanking either side, creating a cozy-at-home feeling. Enjoy your early morning cup of coffee or relax with friends in the evening on the spacious covered screen porch with a vaulted ceiling.
On the 2nd floor, there is a open loft landing that leads to a large Rec Room, the Owner's Suite, 2 bedrooms with two full bathrooms, one of which is an en-suite bathroom.
Enjoy all the incredible amenities of Wendell Falls which include two pools, a 24-hour fitness center, over 10 miles of trails, several parks, and playgrounds. Super convenient quick drive to Treelight Square with Publix, boutique shops, services, and dining options that will please everyone. You are going to LOVE it here!
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Dec 29, 2024 | Listed by Homes by Dickerson Real Estate | $629,000 | |
| Listed by Homes by Dickerson Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017