3134 Lantern Bay Lane
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 |
|---|---|---|---|
| Jul 27, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by Keller Williams Realty | $235,000 | |
| Listed by Keller Williams Realty | |||
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Don't miss this spacious 5 bedroom home with no back neighbors! NEVER FLOODED! Spacious kitchen with ample cabinets space, walk-in pantry, gas stove, new appliances (2018) and open to the breakfast and living areas. Inviting living room with tons of natural light and wood burning fireplace. Mother-in-law suite on the first floor. Oversized backyard with a well-maintained storage shed and no back neighbors! Upstairs boast the large master bedroom with ample closet space and a spacious master bathroom. NEW ROOF (2021) and TANKLESS WATER HEATER (2020) & updated AC! Spacious secondary bedrooms & ample closet space throughout! Cat 5 wiring in the home and washer, dryer and the refrigerator are included! Short walk to the Katy ISD elementary, middle school and community lake! Schedule your tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017