2 Lantern Way #2
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 |
|---|---|---|---|
| Jan 10, 2019 | Sold | ||
| Sold | |||
| Nov 13, 2018 | Listed by Gibson Sotheby's International Realty | $525,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
HIGHLY MOTIVATED, AVAILABLE FOR QUICK CLOSE. Sellers are sad to leave this beautiful home but must relocate! IMPECCABLE, JUST LIKE NEW RESALE at The Lanterns of Warren Wood INCLUDES $66,000 + IN UPGRADES. 16 month YOUNG standalone condo is PRICED OVER $27,000 BELOW VALUE. Why wait for new construction to be completed when you can have this one now w/EXTENSIVE UPGRADES. This Village 1 style has an open concept, all one-level floor plan with hardwood floors throughout, upgraded kitchen with big center island, granite countertops and stainless appliances. Living room with gas fireplace, mantle and tv mount above. Walk in pantry/beverage bar w/ extra cabinets off dining room is great for entertaining. The master bedroom suite with full bath, walk-in tiled shower, double quartz vanity and a big custom designed California Closet! Second bedroom, another full bathroom and laundry room complete the main level. Need more space, there is plenty of unfinished, light filled space on 2nd floor.
| |||
| Jun 15, 2017 | Sold | ||
| Sold | |||
| Jan 20, 2017 | Listed by Top Agent Plus | $486,000 | |
| Listed by Top Agent Plus | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2018
|
2 Bed
|
2 Bath
|
1657 ft²
|
$525,000
2 Bed
2 Bath
1657 ft²
|
$515,000
-1.90%
01/10/2019
|
The Premier Team
Realty Executives Boston West
| |
|
01/20/2017
|
2 Bed
|
2 Bath
|
1657 ft²
|
$486,000
2 Bed
2 Bath
1657 ft²
|
$518,130
+6.61%
06/15/2017
|
Judy Jennings
Top Agent Plus
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017