18863 Lantern Cove
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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Aug 17, 2021 | Listed by Texas State Realty | $270,000 | |
| Listed by Texas State Realty | |||
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Lovely 3 bedroom 2 bath 2 car garage with large island kitchen zoned to highly rated Klein ISD! Walking distance to Elementary. Huge master retreat with 12x12 study attached. Gas stove, separate office and large breakfast area. Massive backyard with great privacy and no back neighbors. Enjoy the neighborhood pool, lake and park. Convenient location with easy access to the Grand Parkway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017