24 LANTERN LN
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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Jan 6, 2024 | Listed by Corcoran Sawyer Smith | $335,000 | |
| Listed by Corcoran Sawyer Smith | |||
| Nov 21, 2019 | Sold | ||
| Sold | |||
| Jul 22, 2019 | Listed by Weichert Realtors - Moorestown | $245,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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Welcome to 24 Lantern Lane, a wonderful find, an immaculately maintained and move-in ready Chatham model home in the sought after gated community of Homestead. You can tell the pride of ownership as you pull in the driveway and see the nicely manicured garden and freshly power washed exterior. You enter into the marble tile foyer with a large coat closet and to your right is the sun drenched formal living room with an expansive picture window along with neutral paint and carpet. On the other side of the foyer is your formal dining room also brightly lit with large windows, chair rail, neutral paint and neutral carpeting as well. This flows into the eat in kitchen with an abundance of cabinets, recessed lighting, newer appliances and open floor plan to the family room, great for entertaining! You can follow that out the rear door to your private landscaped patio.Following the hardwood flooring down the hallway is your guest bath with comfort height vanity and full bathtub. Next-door is the ample sized guest bedroom all in neutral colors as well with a large closet. The 9 foot ceilings give a very open airy feel to this beautiful home. Our next stop is the master bedroom suite with its large walk-in closet and full bath with soaking garden tub and separate stall shower. The home comes with newer HVAC and water heater (2015) all appliances are included, along with shelving in the garage and a workbench. This great home also features a security system, newer roof, whole house vacuum, and sprinkler system. This one won t last long!Contact me for your personal appointment today!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017