3482 Lantern Bay Drive
About This Property
Lantern Bay is one of JL's most coveted communities, and is close to JL's community park and marina.
Jonathan's Landing offers 4 levels of membership, all optional.
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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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $775,000 | |
| Listed | |||
| | |||
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Outstanding Jonathan's Landing location on big, beautiful lake with perfectly framed view of ''Butterfly Island,'' which is filled with tropical foliage and palm trees. Interior ready for total renovation, with an premium location supporting that investment. 3 bedroom suites, powder room, kitchen and family room, elegant entry foyer, vaulted ceilings, living room, dining room, 2 car garage, with side-load golf car garage, paver driveway, big covered patio and open patio.Lantern Bay is one of JL's most coveted communities, and is close to JL's community park and marina.Jonathan's Landing offers 4 levels of membership, all optional. The manager has listed the unit size as 2307 square feet.
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| May 15, 2018 | Sold | ||
| Sold | |||
| Feb 26, 2018 | Listed by Illustrated Properties LLC (Jupiter) | $775,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017