270 Lantern Lane
About This Property
This beautiful home was recently completed and is ready for a new owner. Built in Regatta Bay Preserve which is Regatta Bay's newest boutique neighborhood consisting of only 21 homes. This Charleston plan was built with only the finest materials and construction methods. Interior features include reclaimed beams, ship lap walls, wood floors throughout, quartz countertops and so much more. Schedule your private tour today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017