20 Lantern Hill Road
About This Property
The spacious kitchen offers abundant cabinetry, generous countertop space, and plenty of room for gathering with family and friends. Need additional living space? The first-floor living room, located adjacent to a full bathroom, could easily serve as a 5th bedroom, guest suite, or home office. Above the attached 2-car garage, a large bonus room provides endless possibilities for a game room, gym, media room, office, or hobby space.
Additional highlights include a private sauna, perfect for relaxing after a long day, and a beautifully landscaped yard with forever wild land directly behind the property, creating an exceptional sense of privacy and tranquility. Whether you're entertaining guests, enjoying quiet evenings in the sunroom, or taking advantage of the versatile living spaces, this home offers the perfect blend of space, flexibility, and lifestyle. Conveniently located close to schools, shopping, restaurants, and everyday amenities, this is a rare opportunity to own a truly special property in Queensbury.
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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 |
|---|---|---|---|
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Oct 5, 2026 | Price Decreased |
$579,900
↓ $19K
(3.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
| Price Decreased | |||
| Aug 14, 2026 | Relisted | $629,900 | |
| Relisted | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017