247 Lantern
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Feb 1, 2021 | Listed by Oro Realty | $95,000 | |
| Listed by Oro Realty | |||
| | |||
|
Newly built 3/2 charmer in Somerville on a spacious lot just a couple blocks from downtown Somerville and a few minutes to the lake. This new home boasts 3 large rooms with walk in closets and 2 full baths. The kitchen has abundant upper and lower cabinets, granite countertops and tile backsplash. Situated on a large lot with room to build a shop or a garage. Conveniently located to shopping, dining and nearby attractions, this home is a short drive to Brenham, half hour to College Station and just over an hour away from Houston. Somerville is home to beautiful Lake Somerville which has several state parks where you can enjoy fishing, camping, and boating.
| |||
| Jul 31, 2020 | In contract | - | |
| In contract | |||
| Jun 19, 2020 | Price Decreased |
$95,000
↓ $13K
(12%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017