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208 Lanternback Island Drive
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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 17, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by Avanti Way Realty LLC | $1,635,000 | |
| Listed by Avanti Way Realty LLC | |||
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $899,900 | |
| Listed | |||
| | |||
|
Spectacular Executive Pool Home On Grand Canal! Single Story & CONCRETE BLOCK! Formal Living, Dining & Family Rooms! 5 Bedrooms Plus Media Room! Gourmet Island Kitchen W/Designer Solid Wood Cabinets, Granite Countertops, Mother Of Pearl Backsplash & Stainless Steel Appliances! Huge Master Suite W/Amazing Water Views, His & Hers Walk In Closets & Patio Access! En Suite W/Garden Tub, Separate Shower & Double Sinks. Upgrades Throughout. Covered Lanai! Sparkling Turquoise Bottom, Screened, Solar &Gas Heated-Pool & Spa, Adorned W/Flame Lit Designer Pots! Pergola Area! Beautiful Landscaping! House Is Larger Than It Appears! Live Where The Dolphins Play! Unobstructed Water Views! Boaters Dream -Tile Roofed Dock, Lift & Boat Ramp! Watch The Sunrise In The Morning & Feel The Cool Breeze At Night! Call Barbara C Wall Owner/Agent 321.308.0335 The manager has listed the unit size as 3357 square feet.
| |||
| Aug 17, 2017 | Listed by Avanti Way Realty LLC | $899,900 | |
| Listed by Avanti Way Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017